QUESTIONS 11 THROUGH 13 ARE BASED ON THE FOLLOwING Suppose the risk-free asset (F) earns a return of 7%. A risky portfolio INVORMAT?ON. Prince earns the following on the state of the economy, as shown in the table below. State of economy Prob of state Portfolio Prince Recession 20% 60% 15% 15% No 11. Chris wallace forms a portfolio V, by investing 80% in portfolio Prince and the remaining in the risk-free asset F. What is portfolio CW's standard deviation of returns? A. 35.58% B. 18.97% C. 15.18% D. 11.22% 12. Matt Lauer forms a portfolio ML by investing in portfolio Prince and the risk-free asset F. the standard deviation of ML is i0%, what is its expected return? A. 35.58% B. 18.97% C. 15.18% D. 11.22% 13, Sandra Smith forms a portfolio SS by investing in Prince and F. If SS's expected return is 22%, what is its standard deviation? A. 35.58% B. 18.97% C. 15.18% D. 11.22% 14. Which of the following concepts is NOT relevant for the event-study approach? A. Calendar time vs. event time B. A model of expected return C. Accumulation of abnormal returns D. A scientific technique of planning an event 15. Which of the following human behavior is LEAST relevant for behavioral finance? A. Overconfidence B. Loss aversion C. Anchoring D. Daydreaming