Question: Please complete problem and show work 24. A portfolio is composed of two stocks, A and B. Stock A has a standard deviation of return
24. A portfolio is composed of two stocks, A and B. Stock A has a standard deviation of return of5% and a return of 4% while stock B has a standard deviation of return of 15% and a return of 6%. The correlation coefficient between the returns on A and B is .5. Stock A comprises 40% of the portfolio while stock B comprises 60% of the portfolio. The return on the portfolio is A. 4.9% B. 10.1% C. 5.2% D. 2.4%
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