Assume you are considering a portfolio containing two assets, L and M Asset L will represent 38% of the dollar value of the portfolio, and asset M will account other 62% The propoted returns over the next 6 years, 2018-2023, for each of these assets are summarized in the following table or he a. Calculate the projected portfolio return,p for each of the 6 years b. Calculate the average expected portfolio return, (p, over the 6-year period c. Calculate the standard deviation of expected portfolio returns, sp, over the 6-year period d. How would you characterize the correlation of retuns of the two assets L and M e. Discuss any benefts of diversification achieved through creation of the portfolio a. The projected portfolio return,'-for 2018 is % (Round to two decimal places) The projected portfolio retum,''p.for 2019 s% (Round to two decimal places) The projected portfolio return., . for 2020O% (Round to two decimal places) The projected portfolio return., for 2021 is % (Round to two decimal places) The projected portfolio return, lp. for 2022 is[]% (Round to two domal places) The projected portfolio return,' " for 2023 is[% (Round to two decirnal places) b The average expected portfolio return lp over the 6-year period is % Round to two decimal places) Click to select your answer(s) Activate Window