Your portfolio consists of $50,000 invested in Stock X and $50,000 invested in Stock Y. Both stocks have an expected return of 15% betas of 1.6, and standard deviations of 30%. The returns of the two stocks are independent, so the correlation coefficient between the, rXY, is zero. Explain the statements that  best describe the characteristics of your 2-stock portfolio.

Answer rating: 100% (QA)

The best description of the characteristics of your 2st... View the full answer