Question $3$You are given the following information abouttwo assets:AssetABValue of investmentRM$30$ millionRM$20$ millionExpected return$15\%12\%$Standard deviation$10\%8\%$The correlationcoefficient between returns on assetsA and B is $0\mathrm{.}3.$Assume $252$ daysof trading a year.

$3($a$)$You have been asked by your managerto compute:$($i$)$portfolio expected return$(4$marks$)($ii$)$portfolio standard deviation$(6$marks$)($iii$)$one$-$day and ten$-$day value at Risk $($VaR$)(12$marks$)($b$)$Interpret the result to your manager.