We can only use WACC as the discount rate only for projects that have the same risk as the firm's current operations.

True

False

The capital structure weights are calculated using book values of equity and debt.

True

False

We have a portfolio of 2 stocks, Apple and Coca-Cola.

Apple stocks have an expected return of 34% and a standard deviation of 9%.

Coca-cola stocks have an expected return of 47% and a standard deviation of 14%.

17% of our portfolio is invested in Apple stocks. The correlation coefficient is 0.5.

What is the portfolio standard deviation in percentage?