Find out the Covariance and correlation between the two assets including variance and standard deviation. What does that covariance and correlation tells about the assets. Suggest Mr. zack if he can invest in these two shares to maintain a portfolio.

02. There are two assets where Mr. Zack wants to invest. Both of the assets can face three situations those are best, moderate and worst The returns for both the assets in these situations are provided below Asset Velvet Worm 19% 28% 40% 2%