ducation.com/ext/map/index.html con=con external browser-launch 252Fnewconnect mheshacation con'.252F#/activity th Cape Breton Univer Connert Sign in Save He The expected return on Big Time Toys is 12% and its standard deviation and its standard deviation is 25.9% 20.6%. The expected return on Chemical Industries is 11% o. Suppose the correlation coefficient for the two stocks' returns is 0.23. What are the expected return and standard deviation of a portfolio with 38% invested in Big Time Toys and the rest in Chemical Industries? (Round your answers to 2 decimal places.) Portfolio's expected return 11.38 Portfolia's standard deviation 19:42 b. If the correlation coefficient is 0.73. recalculate the portfolio expected return and standard deviation, assuming the portfolio weights are unchanged. (Round your answers to 2 decimal places.) Purtfolio's expected return 11383 Portfolio's standard deviation 12242 c. Why is there a slight difference between the results, when the correlation coefficient was 023 and when it was 0.73? The her the correlation is between the two variables the higher the potential for diversification 1 of 1