To benefit from the low correlation between the Trinidad dollar and the Japanese yen (), SIO Corporation decides to invest 50 percent of total funds invested in Trinidad dollars and the remainder in yen. The domestic yield on a one-year deposit is 8 percent. The Trinidad one-year interest rate is 10 percent, and the Japanese one-year interest rate is 7 percent. SIO has determined the following possible percentage changes in the two individual currencies as follows:Currency Percentage Change ProbabilityTrinidad dollar 1.0% 35%Trinidad dollar 2.0% 65% Japanese yen 2.0% 45%Japanese yen 1.0% 55%a. What is the expected effective yield of the portfolio SIO is contemplating assume the two currencies move independently from one another? Show workb. What is the probability that the yield of the two-currency portfolio is less than the domestic yield? Show work----------------------------------------------------------------------------------------------------------