Suppose that many stocks are traded in the market and that it is possible to borrow at the risk free rate. of the stocks are as follows: The characteristics of two Stock Expected Return Standard Deviation 11% 604 Correlation = -1 a. Calculate the expected rate of return on this risk-free portfolio? (Hint: Can a particular stock portfolio be substituted for the risk-free asset?) (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Rate of retur 9.80 % b. Could the equilibrium ry be greater than 9.20%? Yes No