Stocks A and Beach have an expected return of 12%, a beta of 1.2, and a standard deviation of 25%. The returns on the two stocks have a correlation of +0.6. Portfolio P has 50% in Stock A and 50% in Stock B. Which of the following statements is CORRECT? Portfolio P has a standard deviation that is greater than 25%. Portfolio P has a beta that is less than 1.2. Portfolio P has a beta that is equal to 1.2. Portfolio P has an expected return that is less than 12%. Portfolio P has a standard deviation that is equal to 25%. Save & Continue Continue without saving