Question 1 O out of 2 points Suppose there are three assets, and the first asset has volatility 16%, the second asset has volatility 26%, and the third asset has volatility 17%. Suppose also that the first two assets' returns are correlated with each other with correlation coefficient 0.8, but the third asset is not correlated with the first two assets. Now consider the minimum variance portfolio of these three assets. What is the weight of the first asset? (To the nearest 0.01. Express weights as a decimal, e.g. a 50% weight would be 0.50). Question 1 O out of 2 points Suppose there are three assets, and the first asset has volatility 16%, the second asset has volatility 26%, and the third asset has volatility 17%. Suppose also that the first two assets' returns are correlated with each other with correlation coefficient 0.8, but the third asset is not correlated with the first two assets. Now consider the minimum variance portfolio of these three assets. What is the weight of the first asset? (To the nearest 0.01. Express weights as a decimal, e.g. a 50% weight would be 0.50)