The following are monthly percentage price ch for four market indexes. 5 EGX 0.02 0.06 -0.01 0.03 0.04 JSE Nikkei 0.04 0.10-0.02 Month FTSE 0.03 0.07 3 0.02 0.01 0.05 6 -0.06 0.04 2 -0.04 0.07 0.030.02 0.11 4. 0.02 -0.04 0.08 0.06 Calculate the following. (a) Average monthly rate of return for each index (b) Standard deviation for each index (c) Covariance between the rates of return for the following indexes: FTSE-EGX EGX-JSE EGX-Nikkei JSE-Nikkei (d) The correlation coefficients for the same four combinations (e) Using the answers from parts (a), (b) and (d), calculate the expected return and standard deviation of a portfolio consisting of equal parts of (1) the EGX and the JSE and (2) the EGX and the Nikkei. Discuss the two portfolios