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 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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