The table below shows the possible returns of two assets, x and y together

with their probabilities:

Required:

i$)$ Compute the expected return of each Asset

ii$)$ Compute the variance and standard deviation of each asset

iii$)$ Determine the expected return and standard deviation of a portfolio

composed of $60\%$ investment in x and $40\%$ investment in y$.$ Compute the

coefficient of correlation between the returns of x and y$,$ interpret the