Charlie and Lucinda each have 550,000 invested in stock portfolios. Charlie's has a beta of 1,2 , an expected return of 0.95, and a standard deviation of 25%. Lueinda's has a beta of 0.8, an expected return of 9.2%, and a standard deviation that is aiso 25%. The correlation coefficient, r, between Charile's and Lucinda's portfolios is zero. If Charlie and Lucinds marry and combine their portfollos, which of the following best describes their corribined $100,000 portfolio? a. The combined portfolio's standard deviation will be equal'to a simple average of the two portfolios' standard deviations, 25% 3. The combined portfolio's expected return will be less than the simple weighted average of the expected returns of the two individual portfolios, 10.0%. E. The combined portfolio's standard deviation will be greater than the simple average of the two portfolios' standard deviations, 25% 1. The combined portfolio's expected return will be oreater than the simple weighted average of the expected returns of the two individual portfolios, 10,0% ?. The combined portfolio's beta will be equal to a simple weighted average of the betas of the two individual portfolios, 1.0; its expected return will be equal to a simple weighted average of the expected returns of the two individual portfolios, 10.0%; and its standard deviation will be less than the simple average of the two portfolios' standard deviations, 25%