In an essay, to be submitted to the assignment dropbox by the last day of Week 3, address the following: Statistics for three stocks,A, BandC,are shown in the following tables:

Standard Deviation of Returns
Stock	A	B	C
Standard Deviation (%)	40	20	40
Correlations of Returns
Stock	A	B	C
A B C	1.00	0.90 1.00	0.50 0.10 1.00

Onlyon the basis of the information provided in the tables, and given a choice between a portfolio made up of equal amounts of stocksAandB ora portfolio made up of equal amounts of stocksBandC,which portfolio would you recommend? Justify your choice.

Your paper must be in a Word document of 2-4 pages, not counting the title page. Include your calculations in a table within your paper and be sure to submit only one document to be graded in response to this assignment. Your paper must be formatted in accordance withCSU-Global Guide to Writing and APA. Examine the Critical Thinking grading rubric for this assignment, found in the Module 3 folder, to see how you will be graded.