The following tables shows data relating two companies, X and Y.

Company	Expected return (%)	Variance (%)
X	20	2.25
Y	15	1

The correlation between Share X and Y is negative 30%.

Using the information in the above table answer the following questions:

1. Calculate weights for the minimum variance portfolio .

3 marks

2. Calculate the expected return of the minimum variance portfolio.

1 marks

3. Calculate the standard deviation of the minimum variance portfolio.