Consider the data provided in the table for a portfolio of assets A and B The standard deviation of the portfolio is 33 4092 What is the correlation of returns of the two assets Asset A Asset B Portfolio Weight 0 81 0 19 Standard Deviation 0 38 0 25 Variance 0 1444 0 0625 Express your answer in decimal form rounded to two decimal places (i e , 0 12) Please show all steps

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Question: Consider the data provided in the table for a portfolio of assets A and B. The standard deviation of the portfolio is 33.4092%. What is

Consider the data provided in the table for a portfolio of assets A and B. The standard deviation of the portfolio is 33.4092%. What is the correlation of returns of the two assets?

	Asset A	Asset B
Portfolio Weight	0.81	0.19
Standard Deviation	0.38	0.25
Variance	0.1444	0.0625

Express your answer in decimal form rounded to two decimal places (i.e., 0.12).

Please show all steps!

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