Please show all steps and work

A. You have a $60,000 to invest in a portfolio. You want to put $33,000 investment into Bruno Master (B) and $27000 investment into NewTorch (N). Probability State of the Economy Wi Depression Recession Normal Boom 0.17 0.27 0.36 0.20 E(Rp) E(RN) % 12.5 -7.50 11.00 0.00 8.50 10.50 4.50 16.00 B. You have been researching FluidMotion now want to consider adding this third asset to your original portfolio. FluidMotion has returns of 5, 2, 0 and 2% (.05,.02, 0.0, .02) expected under the four states from Boom through Depression respectively. You plan to investment $24000 in Bruno Master, $15000 in NewTorch and the remainder in Fluid Motion. a. Calculate the expected return on this new portfolio. b. Calculate the covariances between the three assets? c. Calculate the variance and standard deviation of this new portfolio. Jd. How do the results of this portfolio compare to the results of the prior two asset portfolio