The following tables show the information on the returns of two stocks $1 and $2 depending on the states of economy. Calculate the expected return, variance and standard deviation for each stock. Find the covariance and correlation between stocks $1 and $2. Find the respective weights w1 and w2 of $1 and $2 and the return of the minimum variance portfolio. Suppose you have $5000 to invest. If stock $1 costs $30/share and $2 costs $55/share, would you distribute your investment to obtain the minimum variance portfolio from c How should the portfolio be formed if the desired expected return is 10%