You have been asked for your advice in selecting a portfolio of assets and have been given the following data: Expect Return:

Year	Asset A	Asset B	Asset C
2016	12%	16%	12%
2017	14	14	14
2018	16	12	16

You have been told that you can create two portfoliosone consisting of assets A and B and the other consisting of assets A and Cby investing equal proportions (50%) in each of the two-component assets. a. What is the expected return for each asset over the 3 years? b. What is the standard deviation for each assets return? c. What is the expected return for each of the two portfolios? d. How would you characterize the correlations of returns of the two assets making up each of the two portfolios identified in part c? e. What is the standard deviation for each portfolio? f. Which portfolio do you recommend? Why?