You are building a risky portfolio out of risky debt and risky equity. The debt has an expected return and volatility of 4% and 20%, whereas the equity has an expected return of 12% and 24%. The covariance of the returns of debt and equity is 0.03 What is the correlation between debt and equity? (rounded to 3 decimal places) Say you construct a risky portfolio made up of 30% debt and 70% equity. What is the portfolio expected return? (% rounded to 1 decimal places) What is the portfolio volatility? (% rounded to 1 decimal places) If the risk-free rate is 2%, what is the Sharpe ratio of this portfolio? (rounded to 2 decimal places)