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The stock of Bruin, Inc., has an expected return of 27 percent and a standard deviation of 40 percent. The stock of Wildcat Co. has
The stock of Bruin, Inc., has an expected return of 27 percent and a standard deviation of 40 percent. The stock of Wildcat Co. has an expected return of 14 percent and a standard deviation of 45 percent. The correlation between the two stocks is .45. Calculate the expected return and standard deviation of the minimum variance portfolio. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
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