You have been provided with the following information on two assets by a client who has informed you that he is considering including the two in a portfolio.

Probability 0.10, 0.20, 0.40, 0.20, 0.10 Asset A Return 6%, 8%, 10%, 12%, 14% Asset B Return 4%, 6%, 8%, 15%, 22%

Additional information

Expected return of both A and B is 10%

ii.The standard deviation of A is 2.3% and of B is 4.8%

REQUIRED Use the coefficient of correlation to advice your client accordingly