E.. 21 AO A. ABCD Aabot Emphasis Heading 1 . . 1 Normal Strong Paragraph Styles 16. Jim Martin is considering building a portfolio containing two assets, X and Y Asset X will represent 60% of the dollar value of the portfolio, and asset Y will account for the other 40. The expected returns over the next three years, 1995-1997, for each of the assets, is summarized below: (12) Expected Return Year Asset X Asset Y 1995 1996 1997 a) Calculate the expected portfolio return, for each of the three years? b) Calculate the expected value of portfolio returns over the three year period? c) Calculate the standard deviation of expected portfolio returns over the three year period? d) How would you characterize the correlation of returns of the two assetex and Y2