11. Stock A has an expected return of 12 percent, a beta of 1.2, and a standard deviation of 20 percent. Stock Bhas an expected return of 10 percent, a beta of 1.2, and a standard deviation of 15 percent. Portfolio P has $900,000 invested in Stock A and $300,000 invested in Stock B. The correlation between Stock A's returns and Stock B's returns is zero (that is, r=0). Which of the following statements is most correct? a) Portfolio P's expected return is 11.5 percent. Ob) Portfolio P's standard deviation is 18.75 percent. O c) Portfolio P's beta is less than 1.2. d) Statements a and b are correct. e) None of the above 12. M&M Fund has purchased a bond with 8 years remaining until maturity and a $1.000 face value. The bond is currently selling at a price of $950. The bond offers 9% coupon rate with interest paid annually. The bond may be called in 4 years at a call price of $1,060. What is the bond's yield to maturity (YTM)? a 9.87% b. 11 69% C. 787% O d.ss e None of the above