Assume you are considering a portfolio, and Asset $2$ will account for the other $42\%.$ The projected returns over the next $6$ years, $2021$dash$2026,$ for each of these assetulate the projected portfolio$$ return, r Subscript p$,$ for each of the $6$ years.

b$.$ Calculate the average expected portfolio$$ return, r overbar Subscript p$,$ over the$6-$year period.

c$.$ Calculate the standard deviation of expected portfolio$$ returns, s Subscript p$,$ over the$6-$year period.

d$.$ How would you characterize the correlation of returns of the assets $1$ and$2?$

e$.$ Discuss any benefits of diversification achieved through creation of the portfolio.