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If the correlation coefficient, p,is equal to +1.0, perfectly positively correlated, has diversification worked? Yes or No Is this a risky portfolio? Yes or No

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If the correlation coefficient, p,is equal to +1.0, perfectly positively correlated, has diversification worked? Yes or No Is this a risky portfolio? Yes or No It the correlation coefficient, p, is equal to -1.0, perfectly correlated, has diversification worked? Yes or No Is this a risky portfolio? Yes or No Suppose you are the manager of a $10,000,000 investment fund. The fund consists of 4 stocks with the following investments and beta coefficients: If the market's required rate of return (r_M) is 13% and the risk-free rate(r_RF) is 6%, what is the funds required rate of return, r? You must first find the beta for the portfolio. Then use it to calculate the required rate of return using the SML equation. Show work here

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