Suppose that the average stock has a volatility of 54%, and that the correlation between pairs of stocks is 20%. Estimate the volatility of an equally weighted portfolio with: a. 1 stock b. 30 stocks c. 1,000 stocks a. The volatility of an equally weighted portfolio with 1 stock is %. (Round to two decimal places.) b. The volatility of an equally weighted portfolio with 30 stocks is % (Round to two decimal places.) c. The volatility of an equally weighted portfolio with 1,000 stocks is % (Round to two decimal places.)