You are composing a two-stock portfolio consisting of 40 percent Stock P and 60 percent Stock Q. Given the following information, find the standard deviation of this portfolio. Company Beta Expected Return Variance Covariance P. 1.6 0.18 0.30 COVpo = 0.080 Q 2.8 0.22 0.04 Round to the nearset hundredth percent. Answer in the percent format. Do not include % sign in your answer (i.e. If your answer is 4.33%, type 4.33 without a % sign at the end.) You are analyzing a common stock with a beta of 1.5. The risk-free rate of interest is 5 percent and the market risk premium is 10 percent. If the stock's expected return based on its market price is 19.5%, the stock is overvalued since the expected return is above the SML. the stock is undervalued since the expected return is above the SML. the stock is correctly valued since the expected return is above the SML. O the stock is overvalued since the expected return is below the SML. the stock is undervalued since the expected return is below the SML