You are given the above information concerning three portfolios, the market portfolio, and the risk-free asset.......The question is: Assume that the correlation of returns on Portfolio Y to returns on the market is 0.6. What is the percentage of Portfolio Ys return that is driven by the risk specific to the portfolio's individual holdings? (Round your answer to 4 decimal places.)

*****Correction, portfolio Y rather than Au*****

You are given the following information concerning three portfolios, the mark Portfolio 0p 29% 24 14 19 12% 1.25 1.10 0.75 1.00 Market Risk-free 10 Assume that the correlation of returns on Portfolio Y to returns on the market individual holdings? (Round your answer to 4 decimal places.)