lorida Company (FC) and Minnesota Company (MC) are both service companies. Their historical return for the past three years are: FC: 30%,-29%,-5%; MC: -47%, -26%, -8%. What is the standard deviation of the portfolio with 50% of the funds invested in FC and 50% in MC? (For these problems don't enter the % into your formula, e.g. treat "10%" as "10", not as "0.10". You can use the =VAR and =STDEV functions in Excel.