Stock ABC has an expected return of 9% per year and a return standard deviation of 32% per year, Stock XYZ has an expected return of 12% per year and a return standard deviation of 44% per year. The correlation between the returns of stock ABC and stock XYZ is 0.52 . What is the annual standard deviation of the return of a portfolio that invests 40% of its money in stock ABC and 60% of its money in stock XYZ? Round all intermediate calculations to 6 decimal points. Your final answer should be within 0.03% of the correct answer choice. 1) 65.36% 2) 33.26% 3) 28.39% 4) 34.82%