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The stock of Bruin, Incorporated, has an expected return of 21 percent and a standard deviation of 27 percent. The stock of Wildcat Company has
The stock of Bruin, Incorporated, has an expected return of 21 percent and a standard deviation of 27 percent. The stock of Wildcat Company has an expected return of 13 percent and a standard deviation of 39 percent. The correlation between the two stocks is 0.39. Calculate the expected return and standard deviation of the minimum variance portfolio. Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places
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