Correlation matrix for all pairs of assets Asset 1 Asset 2 Asset 3 Asset 1 1 1 Asset 2 -1 1 -1 Asset 3 1 -1 1 1 Considering the correlation matrix table above and given the following information about the variante of the returns of each asset determine the standard deviation of an equally weighted portfolio of the three assets. Variance of Asset 1: 8 (or 0.0008) Variance of Asset 2:2 (cr 0.0002) Variance of Asset 3: 18 (or 0.0018) What is the standard deviation of the equally weighted portiolio? O A. From 0% to 1% O B. From 1% to 2% C. From 2% to 3% OD. From 3 to 49% E. Greater than 4% Save All Answers Click Save and Submit to save and submil. Click Save All Arwers to sane ult answers. o Type here to search - 9