Year Return for J % Return for K%

2014 37.9 -15.8

2015 28.4 19.8

2016 -0.1 12.8

2017 -50 -20.8

2018 -31.7 58.6

A) If 70% of $150 Million was invested in J on January 1 2014, what annual return would have been expected

B) Compute the annual Portfolio if Coefficient correlation remained at 0.07 over the holding period between J and K