2 - Kendra Jackson, CFA, is given the following information on two stocks, Rockaway and Bridgeport. Covariance between the two stocks = 0.0325 Standard Deviation of Rockaways returns = 0.25 Standard Deviation of Bridgeports returns = 0.13

3. Assuming that Jackson must construct a portfolio using only these two stocks, which of the following combinations will result in the minimum variance portfolio? A) 50% in Bridgeport, 50% in Rockaway. B) 80% in Bridgeport, 20% in Rockaway. C) 100% in Bridgeport.