Question $13$: Expected Return $[12$ Points; $6$ Points each$]$

Four assets have the following expected returns:

$A=10\mathrm{.}3\%$;$B=18\mathrm{.}5\%$;$C=-5\mathrm{.}6\%,$ and $D=14\mathrm{.}7\%.$

Calculate the expected returns for a portfolio under the following conditions:

$($a$)$ Portfolio consists of each asset equally weighted $($each asset is $25\%$ of the portfolio$).$ Reand yeur final answer to $4$ decimal places.

$($b$)$ Portfolio consists of $37\%$ in Asset B$,$ with the remainder equally divided among the other three stocks. Round yeur final ansmer to $4$ decimal places.

Question $14$: Normal Distribution $[21$ Peints; $7$ Points each$]$

Suppose a portfolio of risky assets has an expected return of