Question 3 (30 Marks) You have the option to invest in two different portfolios, Portfolio (1) and Portfolio (2) in The New York Stock Exchange. The selected stocks are the following: Logistics, inc. (XPO), Apple Inc. (AAPL), and Wheaton Precious Metals Corp. (WPM). Annual returns from 20 . provided below: Questions ( 6 marks each). Show your steps and round your answers to the nearest 2 decimal. a) What are the expected returns for Portfolio (1) and Portfolio (2)? b) Based on your analysis above should you invest in Portfolio (1) or Portfolio (2)? Explain your answer. c) Which stocks are less risky and what would be the corresponding required returns based on calculation of the CAPM model and given a risk free-rate of 2.5% ? d) What are the betas for Portfolio (1) and Portfolio (2)? Comment on your results. e) Assuming a risk-free rate of 2.5%, what are the required returns for Portfolio (1) and Portfolio (2)? Comment on your