You have just collected your lump sum from the sale of your building which amounts to 100,000 cedis. You have decided to invest in two assets. From a detailed analysis you decided to invest 60,000 cedis in asset A and 40,000 cedis in asset B. The information gathered about the two assets shows that asset A provides expected return of 12% with a standard deviation of 24% while asset B provides 20% with a standard deviation of 22%. The correlation coefficient between the returns on the two assets is computed by Databank as -0.6. You are required to

a) calculate the portfolio expected return

b) calculate the portfolio standard deviation

c) compute the coefficient of variation on the portfolio.