You have just purchased a Villariba stock with a standard deviation of 10.6%. You also own a Villabajio stock with a standard deviation of 14.6%. You have calculated that the covariance between these shares is 0.015476. Also, going forward, you want to increase the purchasing power of your portfolio's value over a given span of time. You have heard about holding period return, real return and after-tax return measures. Required: 1. Calculate the correlation coefficient between Villariba and Villabajio stocks (2 points) 2. Looking at your calculated correlation coefficient, briefly comment if it is possible to predict the movement of Villariba shares looking at actual movement Villabajio shares? (1 points) 3. Which measure would be the most appropriate for the increase in the purchasing.power of your portfolio's value over a given span of time? Briefly describe why. (2 points)