Correlation, risk, and return Matt Peters wishes to evaluate the risk and return behaviors associated with various combinations of assets V and W under three assumed degrees of correlation: perfectly positive, uncorrelated, and perfectly negative. The expected return and standard deviations calculated for each of the assets are shown in the following table: a. If the returns of assets V and W are perfectly positively correlated (correlation coefficient = + 1), describe the range of (1) expected return and (2) standard deviation associated with all possible portfolio combinations. b. If the returns of assets V and W are uncorrelated (correlation coefficient = 0), describe the approximate range of (1) expected return and (2) standard deviation associated with all possible portfolio combinations. c. If the returns of assets V and W are perfectly negatively correlated (correlation coefficient = -1), describe the range of (1) expected return and (2) standard deviation associated with all possible portfolio combinations. a. If the returns of assets V and W are perfectly positively correlated (correlation coefficient = + 1), all possible portfolio combinations will have: (Select the best answer below.) O A. a range of expected return between 8% and 13% and risk between 14% and 19%. OB. a range of expected return between 8% and 13% and risk between 19% and 0%. O c. a range of expected return between 14% and 19% and risk between 8% and 13% D. a range of expected return between 8% and 13% and risk between 19% and less than 14% but greater than 0% - Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Asset V W Expected return, 8% 13% Standard deviation), 14% 19%