5.6. [2-S00:25] You are given the following information about Stock P and Stock Q: Variance of Stock P= 100.0 Variance of Stock Q = 225.0 Covariance between Stock Pand Stock Q = 53.2 At the end of 1999, you are holding 4 million in Stock P. You are considering a strategy of shifting 1 million into Stock Q and keeping 3 million in Stock P. What percentage of risk, as measured by standard deviation, can be reduced by this strategy? (A) 0.5% (B) 5.0% (C) 7.4% (D) 9.7% (E) 10.4%