Answer the following true or false statement

time	Returns on Project A	Returns on Project B
1	39.00%	-23.40%
2	122.00%	-73.20%
3	57.00%	-34.20%
4	19.00%	-11.40%
5	70.00%	-42.00%
6	25.00%	-15.00%
7	39.00%	-23.40%
8	42.00%	-25.20%
9	-23.00%	13.80%
10	-32.00%	19.20%

1.The expected return on project A is 35.8%

true or false

2.The expected return on project B is -21.48%

true or false

3.The variance (=var.s) of project A returns is 19.51%

true or false

4.The variance (=var.s) of project B returns is 7.02%

true or false

5. The correlation of returns between project A and project b is -1.

true or false

6. The Covariance between projects A and B is 4%

true or false

7. The expected return on a portfolio composed of 50% project A and 50% project B is 7.16%

true or false

8. The risk of the portfolio 50% project A and 50% project B is 8.83%

true or false

9. The portfolio of 50% Project A and 50% project B offers and offers a way of earning a more stable return than either a total investment in project A or project B.

true or false