In 750 to 1,000 words in APA 7th edition manuscriipt format please complete the

In 750 to 1,000 words in APA 7th edition manuscriipt format please complete the below.
Assume you are considering a portfolio containing two assets, L and M. Asset L will represent 40% of the dollar value of the portfolio, and asset M will account for the other 60%. The projected returns over the next six years, 2018–2023, for each of these assets are summarized in the following table.
Projected Return (%)
Year
Asset L
Asset M
2018
14%
20%
2019
14%
18%
2020
16%
16%
2021
17%
14%
2022
17%
12%
2023
19%
10%
Use an Excel spreadsheet to calculate the projected portfolio return, rp, for each of the six years.
Use an Excel spreadsheet to calculate the average portfolio return, rp, over the six-year period.
Use an Excel spreadsheet to calculate the standard deviation of expected portfolio returns, sp, over the six-year period.
How would you characterize the correlation of returns of the assets L and M?
Discuss any benefits of diversification achieved through the creation of the portfolio.
Copy and paste the results into an APA formatted Word document. Please remember to submit your Excel spreadsheet along with the Word document so the instructor can check your work. Single numerical answers will NOT be accepted. The writing assignment will demonstrate writing across the curriculum by responding to the topic selected in a 750 to 1,000 words paper. Please name your assignment file as ‘lastnamefirstinitial-FINC615-3, and submit by 11:55 pm, Day 7.

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