Stock X has an expected return of 10% and a standard deviation of 13%. Stock Y has an expected return of 16% and a standard deviation of 21%. The correlation between these two stocks is -1.0.

What percentage of your money should be invested in Stock X if you want to create a risk-free portfolio (Stocks X and Y are the only available investments)?

Group of answer choices

50%

54.35%

58.82%

61.76%