You are examining a portfolio consisting of 3 stocks. Using the data in the table a. Compute the annual returns for a portfolio with 20% invested in North Air, 20% invested in West Air, and 60% invested in Tex Oil. b. What is the lowest annual return for your portfolio in part (a)? How does it compare with the lowest annual return of the individual stocks or portfolios in the table above. 2011 31% 21% 596 Data Table The annual return for 2012 will be: (Round to two decimal places.) North Air West Air Tex Oi Portfolio car (Click on the icon located on the top-right comer of the data table below in order to copy its contents into a sproadshoot.) 2012 6% 6% 10% The annual return for 2013 will be: (Round to two decimal places.) Stock Returns Portfolio Returns Tex Oi Portfolio (RN + Rw) (RN + Rr) North Air West Air North Air Tex Oil Year 2010 2011 2012 2013 2014 2015 Average Return Year West Air 21% 31% 8% 6% 296 10% 10.0% 14.0% 15.5% 26.0% 6.0% -4.0% -4.0% 20.5% 10.0% 12.7% 10% 21% 6% 2% 2013 -6% 2% 21% 8.0% 9.5% 12.5% 18.5% 10.0% 5.0% 10% 21% 31% The annual return for 2014 will be: (Round to two decimal places.) Year North Air West Air Tex Oil Portfolio 31% 10.0% 14.0% 2014 2% -6% 31% 10.0% 14.0% The annual return for 2015 will be: (Round to two decimal places.) Volatility car North Air West Air Tex Oil Portfolio Print Done 2015 10% 31% 6% b. What is the lowest annual return for your portfolio in part (a)? How does it compare with the lowest annual return of the individual stocks or portfolios in the table above. (Select all the choices that apply.) A. The portfolio computed in part (a) had its lowest annual return in 2010 (5.00%). B. The portfolio computed in part (a) had its lowest annual retum in 2011 (6.80%). C. This is lower than each individual stock and the other portfolios in the table above as well. D. This is higher than the lowest annual return of each individual stock and the other portfolios in the table above as well