ATTENTON!! When solving the question, write 1 instead of N

1.(25) Suppose that the current daily volatilities of assets X , Y and Z are 1.0N% , 1.2N% and 1.3N% respectively. The prices of the assets at close of trading yesterday were $2N, $3N and $4N. Covariances are 2 cov (X,Y)= 0.6, cov(X, Z) = 0.8, cou(Y, Z) = 0.9 Correlations and volatilities are updated using Risk Metrics EWMA model.with 1 = 0.9N (where N is the last digit of your student number). If the prices of the three, assets at close of trading today are $25 , $35 and $45, forecast the correlation coefficients for today. 1.(25) Suppose that the current daily volatilities of assets X , Y and Z are 1.0N% , 1.2N% and 1.3N% respectively. The prices of the assets at close of trading yesterday were $2N, $3N and $4N. Covariances are 2 cov (X,Y)= 0.6, cov(X, Z) = 0.8, cou(Y, Z) = 0.9 Correlations and volatilities are updated using Risk Metrics EWMA model.with 1 = 0.9N (where N is the last digit of your student number). If the prices of the three, assets at close of trading today are $25 , $35 and $45, forecast the correlation coefficients for today