Question: Portfolio return Probability distribution are given for Umbrella and Ice cream stocks below. Sunny (70%) Rainy (30%) 10% Umbrella Ice cream Question 12 (0.4

Portfolio return Probability distribution are given for Umbrella and Ice cream stocks

Portfolio return Probability distribution are given for Umbrella and Ice cream stocks below. Sunny (70%) Rainy (30%) 10% Umbrella Ice cream Question 12 (0.4 points) You invested $1,000 in Umbrella stock. You also invested $3,000 in Ice cream stock. Choose one closest to the expected portfolio return. 1% 2% 3% 4% -5% 9% 5% Question 13 (0.4 points) If you want to achieve 2.86% of portfolio return, how do you need to allocate your money between Umbrella and Ice Cream? 20% for Umbrella and 80% for Ice cream 30% for Umbrella and 70% for Ice cream 40% for Umbrella and 60% for Ice cream 50% for Umbrella and 50% for Ice cream 60% for Umbrella and 70% for Ice cream

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