An investor forms a portfolio of two stocks, Alpha and Beta. Information regarding the two stocks is shown below: STOCK: Expected Return Standard Deviation Alpha 8.00% 30.00% Bravo 9.00% 50.00% The correlation between returns on Alpha and Bravo is 0.30. The investor will put 60% of her wealth in Alpha and the 40% of her wealth in Bravo. What is the standard deviation of the investors portfolio?

30.66%

27.66%

29.13%

31.17%

24.61%