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Question 11 Not yet answered Marked out of 1.00 Flag question Florida Company (FC) and Minnesota Company (MC) are both service companies. Their stock returns

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Question 11 Not yet answered Marked out of 1.00 Flag question Florida Company (FC) and Minnesota Company (MC) are both service companies. Their stock returns for the past three years were as follows: FC: 5%,15%,20%; MC: 8\%, 8%,20%. What is the standard deviation of a portfolio with 50% of the funds invested in FC and 50% in MC? a. 7.6% b. 14.4% c. 10.6% d. 9.3%

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