Question 8 Not yet answered Marked out of 1.00 Flag question Form an equally-weighted portfolio of stock 1 and stock 2 . The standard deviation of returns on stock 1 is 11% and the standard deviation of returns on stock 2 is 7%. The correlation between the returns of stock 1 and stock 2 is 0.16 . The standard deviation risk of this portfolio is closest Select one: a. 7.45% b. 4.56% c. 6.98% d. 8.93%