Problem 7-12 Diversification Here are the percentage returns on two stocks. a-1. Calculate the monthly variance and standard deviation of each stock. (Do not round intermediate calculations. Round your answers to 1 decimal places.) a-1. Calculate the monthly variance and standard devlation of each stock. (Do not round intermediate calculations. Round you answers to 1 decimal places.) a-2. Which stock is the riskier if held on its own? Digital Cheese Executive Frult b. Now calculate the variance and standard deviation of the returns on a portfollo that invests an equal amount each month in thy a-2. Which stock is the riskler if held on its own? Digital Cheese Executive Fruit b. Now calculate the variance and standard deviation of the returns on a portfolio that invests an equal amount each month in the two stocks. (Do not round intermediate calculations. Round your answers to 1 decimal places.)