Question: Your answer is incorrect. The correct answer is: 9.44% You construct a portfolio containing two stocks, X and Y. You invest 30% of your funds

Your answer is incorrect. The correct answer is: 9.44% You construct a portfolio containing two stocks, X and Y. You invest 30% of your funds in Stock X and the remainder in Stock Y. Stock X has an expected return of 6.1% and has a standard deviation of 14%. Stock Y has an expected return of 13.3% and has a standard deviation of 20%. The covariance between the two stocks is -0.0112. What is the standard deviation of the returns on the portfolio? a. 12.23% O b. 12.67% O c. 12.42% d. 12.91% Your answer is incorrect. The correct answer is: 12.91%

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