The following scenario related to questions 1 15. Alan, a chartered financial analyst (CFA), is willing to invest two stocks, Yoyo stock and Zizi stock. He has collected the data on both stocks from Bursa Malaysia. The data as follows: Probability 0.35 State of Economy Recession Normal Boom Stock Yoyo Return (%) 19 28 23 Stock Zizi Return (%) 31 24 17 040 0.25 The beta for Yoyo stock and Zizi stock are 1.5 and 1.15, respectively. Alan plan to invest 45% in Yoyo stock and the remainder in Zizi stock. Yoyo stock is preferred stock while Zizi stock is a common stock. The treasury bills rate is at 1.75% and the market risk premium is 8%. Yoyo stock dividend is RM1.20 per share and Zizi stock recently paid dividend is RM1.20 and the growth rate of dividend is 8% Market price for Yoyo is RM14 and Zizi is RM24. Required: A. What is the expected return for both stocks? A. Yoyo Stock 23.6% Zizi stock 24.7%. B. Yoyo Stock 23.6%. Zizi stock 26.2%. C. Yoyo Stock 14.5% Zizi stock 24.7%. D. Yoyo Stock 18.1%, Zizi stock 12.4%. B. What is th-e covariance between Yoyo Stock and Zizi stock? 19%. A. 22. B. -10.22. C. 12%. D. 13.2