For the next three questions (34-36), assume that we now hold a portfolio of three stocks: RIM, ENCANA and Reitmans. The relevant 35 Information includes: 02.21. 20 RIM ENCANA Reitmans Arithmetic Mean 6% 22% 14% Standard Deviation 75% 20% 20% Proportion of Portfolio 40% 30% 30% Correlation: 0.00 RIM & ENCANA Correlation: -0.25 RIM & Reitmans Correlation: -0.30 ENCANA & Reitmans Using the Variance/Covariance matrix provided on the last page of the formula sheet calculate the standard deviation of the portfolio (comprised of 40% RIM, 30% ENCANA and 30% Reitmans) Multiple Choice O 24% 199