An investment portfolio has equal proportions invested in five stocks. The expected returns and standard deviations (both

Question:

An investment portfolio has equal proportions invested in five stocks. The expected returns and standard deviations (both in percent per year) are (8, 3), (5, 2), (12, 8), (7, 9), (14, 15). What are average return and standard deviation for this portfolio?

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...