Question: 4 . 1 . Maputo Development Bank has a portfolio of two projects worth R 1 0 million. One project has an investment of R

4.1. Maputo Development Bank has a portfolio of two projects worth R10 million. One project has an investment of R6million, expected return of 9% and a standard deviation of 15%. The other project has an
investment of R4million has an expected return of 4% and a standard deviation of 11%. It is determined that the covariance between the two projects is 4%. Determine the expected return and standard deviation
of the portfolio.
(10marks)
 4.1. Maputo Development Bank has a portfolio of two projects worth

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