Problem $11-12$ Portfolio Variance $($LO$2,$ CFA$5)$

Use the following information to calculate the expected return and standard deviation of a portfolio that is $50$ percent invested in $3$

Doors, Inc., and $50$ percent invested in Down Co$.$: $($Do not round intermediate calculations. Enter your answers as a percent

rounded to $2$ decimal places.$)$

Expected return, $E(R)$

Standard deviation, $$

Correlation

$3$ Doors, Inc.

$14\%$

$34$

$\mathrm{.}19$