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Portfolio Optimization *Compute the Correlation Coefficient based on the following set of information (Part 1): --Assume you are a managing a portfolio of stocks and bonds whereby the variance of Bond Portfolio X yields a measure of 72.25 whereas the variance of Stock Portfolio Y yields a measure of 380.77. The covariance between the two asset classes yields a measure of -71.24. *Briefly explain the meaning of the Correlation Coefficient as it relates to the bond and stock portfolios you manage and its application (Part 2)