You are examining a portfolio consisting of 3 stocks, using the data in the table a. Compute the annual returns for a portfolio with 25% invested in North Air, 30% invested in West Air, and 45% 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 a. Compute the annual returns for a portfolio with 25% invested in North Air, 30% invested in West Air, and 45% invested in Tex Oil. The annual return for 2010 will be: (Round to two decimal places.) Year North Air West Air Tex Oil Portfolio 2010 20% 8% 2910 The annual return for 2011 will be: (Round to two decimal places.) x Portfolio Year Tex North Air West Air 30% 20% 5% 2011 The annual return for 2012 will be: (Round to two decimal places.) Year North Air West Ai Tex Oil Portfolio 2012 8% The annual return for 2013 will be: (Round to two decimal places.) Tex OilPortfolio Year North Air West Air 20%| |% 2013 5% -3% The annual return for 2014 will be: (Round to two decimal places.) Tex Portfolio Year North Air West Ai 2014 -5% -3% 30% The annual return for 2015 will be: (Round to two decimal places.) Year North Air West Air Tex Oil Portfolio 30% 2015 8% 8% Portfolio Returns Stock Returns Year North Air West Air TexRwRN+Rr 25% 7.5% 8.0% 8.5% 12.5% 19.0% 97% 5.6% 14.0% 25.0% 8.0% -4.0% 40% 19.0% 97% 12.0% 3% 5% 5% 20% 30% 5% 97% 13.4% 5% 20% 8% 3% 5% 20% 30% 5% 5% -3% 8% 97% 13.4% 2010 2011 2012 2013 2014 2015 97% 13.4% Average Return Volatility