Question: Question 9 6 pts You are an intern at a private fund manager. Your supervisor is currently building a portfolio of High risk assets for

 Question 9 6 pts You are an intern at a private

Question 9 6 pts You are an intern at a private fund manager. Your supervisor is currently building a portfolio of High risk assets for a client. The portfolio currently contains 2 assets. 59% of the portfolio is composed of asset #1, and the rest of asset #2. Asset #1 has an expected return of 12.6% and a volatility of 29%, and asset #2 has an expected of 10.6% and a volatility of 23%. The correlation between the two assets is 0.33. What is the volatility of the complete portfolio? {Give your answer as a percentage with 2 decimals, e.g., if the answer is 0.0345224 (or 3.45224%) , enter 3.45 as your answer.}

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