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3) The stock of a technology company has an expected return of 15% and a standard deviation of 20%. The stock of a pharmaceutical company

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3) The stock of a technology company has an expected return of 15% and a standard deviation of 20%. The stock of a pharmaceutical company has an expected return of 13% and a standard deviation of 18% you krow that both industries are not perfectly positively correlated, then a portfolio consisting of 50% invested in each stock wil have an expected return of 14 % and a standard deviation a. less than the average of 20% and 18% b. the average of 20% and 18%. c. greater than the average of 20% and 18%6. d. the answer cannot be determined with the information given

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