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You have a P100 million portfolio invested in 3 stocks stocks J,'I',P. Your portfolio has a proportion of 45%,25%,30% for stocks J,Y,P, respecvelv. There is

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You have a P100 million portfolio invested in 3 stocks stocks J,'I',P. Your portfolio has a proportion of 45%,25%,30% for stocks J,Y,P, respecvelv. There is a 50% chance that economy remains in status quo thus the interest rate for the next 5 vears will be the same at 12% annually. A 30% chanoe of decreasing economy which makes the interest rates to be more volatile (see Table 1), and 20% probability for improved economy in the next 5 years. thus increasing the investment rate (see Table 2). Question: Calculate the correlation of the stocks

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