Consider a portfolio consisting of the following two risky assets. Asset i Hi, Return on Asset i 7% 7% 0, Risk in Asset i 18% 14% The coefficient of correlation between the returns is p = -100%. (a) State the expected return and associated risk (as measured by the standard deviation) in terms of w if w is the weight allocation of Asset 1 in the portfolio. Hry (w) = 0.07 Or, (w) = sqrt(0.0632w^2-0.C (b) Suppose that the portfolio was constructed so that it's risk (as measured by the standard deviation) was minimized. Determine the following: (1) The percentage of the portfolio's initial value invested in: Asset 1, w = w1 = 43.75 % to 2 decimal places Asset 2, W2 = 56.25 % to 2 decimal places (ii) The expected rate of return on the portfolio