Portfolio return and standard deviation Personal Finance Problem Jamie Wong is thinking of building an investment portfolio containing two stocks Land M Stock L will represent 75% of the dollar value of the portfolio, and stock M will account for the other 25% The historical returns over the next 6 years 2013-2018, foroach of these stocks are shown in the following table ! a. Calculate the actual portfolio return for each of tho 6 years b. Calculate the expected value of portfolio returns lp over the 6-year period c. Calculate the standard deviation of expected portfolio returns over the year period d. How would you characterize the correlation of returns of the two stocks Land M? e. Discuss any benefits of diversification achieved by Jamie through creation of the portfolio 6 Data Table -X (Click on the icon bore in order to copy the contents of the datatable below into a spreadshoot) Expected return Year Stock L Stock M 2013 14% 21% 2014 15% 19% 2015 17% 17% 2016 18% 15% 2017 20% 13% 2018 21% 11%