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Moe H. Burkowski just purchased 150 shares of PepsiCo (PEP) at $94.00 each and 500 shares of JetBlue Airways (JBLU) for $32.00 each, Moe has

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Moe H. Burkowski just purchased 150 shares of PepsiCo (PEP) at $94.00 each and 500 shares of JetBlue Airways (JBLU) for $32.00 each, Moe has gathered the following information about these two stocks: PepsiCo (PEP) JetBlue Airways (JBLU) E(R) 6.42% 9.70% 0 6 .21% 9.18% 3 0 .72 1.08 The covariance (COV) between the returns on these two stocks is 0.0029 What is the risk measured by the standard deviation) of his portfolio

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