The Canadian Musician/Artist Aubrey Drake Graham, known by his stage name “Drake “ has invested 70%...

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Finance

The Canadian Musician/Artist Aubrey Drake Graham, known by hisstage name “Drake “ has invested 70% of his money in share A andthe remainder in share B. He assesses their prospects asfollows:
A
B
  Expected return (%)
15
22
  Standard deviation (%)
20
24
     Correlation between returns
.4
What are the expected return and standard deviation of returnson this two share portfolio? (Do not round intermediatecalculations. Round your answers to 2 decimal places.
How would your answer change if the correlation coefficientwere 1, 0 or –.4? (Round your answers to 2 decimal places.)? Whathappens to the return and risk, as we change correlationcoefficients?
Provide details use timeline thanks!

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The Canadian Musician/Artist Aubrey Drake Graham, known by hisstage name “Drake “ has invested 70% of his money in share A andthe remainder in share B. He assesses their prospects asfollows:AB Expected return (%)1522 Standard deviation (%)2024 Correlation between returns.4What are the expected return and standard deviation of returnson this two share portfolio? (Do not round intermediatecalculations. Round your answers to 2 decimal places.How would your answer change if the correlation coefficientwere 1, 0 or –.4? (Round your answers to 2 decimal places.)? Whathappens to the return and risk, as we change correlationcoefficients?Provide details use timeline thanks!

	A		B
Expected return (%)	15		22
Standard deviation (%)	20		24
Correlation between returns		.4