2 Ebenezer Scrooge has invested 65% of his money in share A and the remainder in share B. He assesses their prospects as follows: Expected return (8) Standard deviation (8) Correlation between returns. Expected return Standard deviation a. What are the expected return and standard deviation of returns on his portfolio? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Standard deviation A 16 19 Correlation Coefficient 0 0.6 % b. How would your answer change if the correlation coefficient were 0 or -0.60? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) B 23 26 % % Correlation Coefficient -0.60 %