In: Finance
Eric Poppovich invests money in two stocks for the upcoming year. His investment is shown below:
STOCK: | # of shares | Price Per Share | Expected Return | Standard Deviation |
---|---|---|---|---|
LBJ Corporation (A) | 49.00 | $38.43 | 5.00% | 18.00% |
Duncan Inc. (B) | 20.00 | $50.74 | 10.00% | 21.00% |
The correlation between LBJ and Duncan is 0.50.
What is the expected return for the portfolio in the coming year?
What is the standard deviation of the portfolio?
Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))