Suppose you have two stocks in your portfolio, Max and Min. The expected return of Max

is 20% and the expected return of Min is 10%. The standard deviation of Max is 40% and

the standard deviation of Min is 30%. The correlation between the two securities is zero.

Suppose the riskless asset has an expected return of 4%.

A. What is the mean and standard deviation of the minimum variance portfolio combination

of Max and Min?