You plan to diversified your portfolio consisting equal proportions of stock Sam Berhad and Charles Berhad. If you only considered investing in stocks that coefficient of variation below 0.5, analyse your portfolio investment based on standard deviation, coefficient of variation and correlations of returns. Stocks Sam Berhad and Charles Berhad have the historical returns as follows:

Year	Stock Sams Returns	Stock Charles Returns
2014	22%	24%
2015	20	18
2016	15	11
2017	(8)	(12)
2018	25	28
2019	(18%)	(24%)

(10 marks)

Suppose you interested to borrow RM43,000. Affin Bank offers you 2.92 percent interest compounded monthly for 7 years, fully amortized term loan. What fraction of the payment made at the end of first year will represent repayment of principal? Construct your amortization schedule for the first year.