Consider two perfectly negatively correlated risky securities A and B. A has an expected rate of return of 12% and a standard deviation of 70%. B has an expected rate of return of 8% and a standard deviation of 40%.

The global minimum variance portfolio that can be formed with the two securities will earn _____ rate of return.

		25.45%
		10.00%
		10.55%
		50.91%
		9.45%