VTI has an annual expected return of 7%, and a volatility of 14%. VCIT has an annual expected return of 2%, and a volatility of 3%. The covariance between VTI and VCIT is 0.003.

22. What is the correlation of VTI and VCIT? a) 1.4 b) 0.8 c) 0 d) 0.71

23. What is the expected return of a risky portfolio made of 30% VTI, and 70% VCIT? a) 9.0% b) 3.5% c) 1.0% d) 5.4% '24. What is the variance of the portfolio made of 30% VTI, and 70% VCIT? a) 0.00 b) 0.03465 c) 0.00286 d) 0.0022

25. What is the volatility of the portfolio made of 30% VTI, and 70% VCIT? a) 2.9% b) 8.5% c) 0.001% d) 5.9%