Question 3 (20 marks) Using the data in the following table, answer parts (i) - (iv). Year Stock X Stock Y 2012 -11% -5% 2013 15% 25% 2014 10% 15% 2015 -5% -15% 2016 5% -5% Average return Standard deviation Correlation between Stock X and Stock Y i. Estimate the average return for each stock. 16.43% 0.8371 (5 marks) ii. Calculate the standard deviation of returns for Stock X. (4 marks) iii. You have $1,000. You decide to put $450 of your money in Stock X and the rest in Stock Y. Calculate the expected return of your portfolio. (5 marks) Calculate the standard deviation of your portfolio based on the weights of Stocks iv. X and Y stated in part (iii). (6 marks)