Question 16 The table below shows the expected returns and volatilities of two investment funds, a bond fund B and an equity fund E. Fund Expected Return Standard Deviation Bond B 6.0% 10.5% Equity E 12.0% 21.0% The correlation between the returns on the two funds is -0.25. Consider a portfolio that invests equal amounts (i.e. 50% each) in each of the two funds. What is the standard deviation of this portfolio? A. 10.50%. B. 11.03%. C. 11.74% D. 15.75%. E. 21.00%