Given: Stock X: Expected return = 15%, Standard Deviation = 60% li. Stock Y: Expected return = 25%, Standard Deviation = 20% Correlation between stocks X and Y is 0.4 iv. Portfolio A consists of 30% in X and 70% in Y V. Portfolio B consists of 180% in X and -80% in the risk free asset vi. Portfolio C consists of 40% in Portfolio A and 60% in Portfolio B vii. The risk free rate is 5% What is the expected return of Portfolio C? 0.4[0.3(15%) + 0.7(25%)] + 0.6[1.8(15%) + 0.8(5%)] 0.4[0.3(15%) + 0.7(25%)] +0.6[1.8(15%) - 0.8(5%)] 0.4[0.3(15%) + 0.7(25%)] + 0.6[1.8(15%)] [0.3(15%) + 0.7(25%)] + [1.8(15%) + 0.8(5%)] 0.3(15%) + 0.7(25%) 0%