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You are considering how to invest part of your retirement savings. You have decided to put $600,000 into three stocks: 69% of the money in GoldFinger (currently $17/share), 6% of the money in Moosehead (currently $83/share), and the remainder in Venture Associates (currently $7/share). Suppose GoldFinger stock goes up to $31/share, Moosehead stock drops to $68/share, and Venture Associates stock rises to $17 per share. a. What is the new value of the portfolio? b. What return did the portfolio earn? c. If you don't buy or sell any shares after the price change, what are your new portfolio weights? Using the data in the following table, and the fact that the correlation of A and B is 0.77, calculate the volatility (standard deviation) of a portfolio that is 60% invested in stock A and 40% invested in stock B. (Click on the following icon in order to copy its contents into a spreadsheet.) Year 2008 2009 2010 2011 2012 2013 Realized Returns Stock A Stock B -3% 16% 19% 29% 9% 9% -7% -6% 1% - 11% 15% 28% The standard deviation of the portfolio is %. (Round to two decimal places.)