Ebenezer Scrooge has invested 55% of his money in share A and the remainder in share B. He assesses their prospects as follows: Expected return (%) Standard deviation (%) Correlation between returns A 15 22 0.4 B 19 24 a. What are the expected return and standard deviation of returns on his portfolio? Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. b. How would your answer change if the correlation coefficient were 0 or -0.40? Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. c. Is Mr. Scrooge's portfolio better or worse than one invested entirely in share A, or is it not possible to say?

Ebenezer Scrooge has invested 55% of his money in share A and the remainder in share B. He assesses their prospects as follows: a. What are the expected return and standard devation of returns on his portfolio? Note: Do not round intermediote calculotions. Enter your answers as a percent rounded to 2 decimal places. b. How would your answer change if the eorrelation coefficient were 0 or -0.40 ? Note: Do not round intermediote calculotions. Enter your answers as a percent rounded to 2 decimal ploces. c. Is Mr Scrooge's portfolio better or worse than one invested entirely in share A, or is it not possible to say