Information for Questions 2-7 Assume the following for questions 2 through 7 below. Suppose that the risk-free rate rf is 1%. In addition, there are three risky assets: Asset 1, Asset 2, and Asset 3. The expected returns for the risky assets are: Asset E[r), percent 1 5 2. 10 3 15 The variance-covariance matrix for these assets is given by 400 300 160 300 900 -120 160 -120 1600 That is, the entry in rowi and column of the variance-covariance matrix corresponds to the covariance between the returns of Asset i and Assetj (expressed in units of percent squared). Question 2 Consider an equal weighted portfolio in Asset 1, Asset 2, and Asset 3. In percentage terms, what is the expected return of this portfolio? (if necessary, round your answer to 1 decimal place. For example, if your answer is 13.48%, enter 13.5 in the answer box.) Type your numeric answer and submit Unanswered Save Question 3 Consider the equal weighted portfolio from Question 2. In percentage terms, what is the return volatility of this portfolio? (If necessary, round your answer to 1 decimal place. For example, if your answer is 13.48%, enter 13.5 in the answer box.) Type your numeric answer and submit Unanswered Save Question 4 Consider an investor with utility of the form given in the image below with A=1. Suppose this investor wants to construct a portfolio consisting of the risk-free asset and Asset 2. What percentage of the portfolio's value should the investor allocate to Asset 2? (If necessary, round your answer to 1 decimal place. For example, if your answer is 13.48%, enter 13.5 in the answer box.) U = E[r] 0.5 x A x o(r)2 Type your numeric answer and submit