The classy clothing company in considering an investment in the following two stocks. They have been able to determine some information but not all required information. 1. Calculate the variance of returns of ABC Company (2 marks) Express answer as a decimal to 6 decimal places Answer: 2. Calculate the covariance of the expected returns of ABC Company and XYZ Company (2 marks) Express answer as a decimal to 6 decimal places Answer: 3. What would be the expected return of the portfolio if 60% was invested in XYZ? (1 mark) Express answer as a decimal to 4 decimal places