You are going to make a portfolio consisting of $80\%$ of Bank of America Stock and $20\%$ of

Caterpillar Stock. You also have the following information:

What is the expected return for the portfolio? $($Answer as a percentage and Round to $2$

decimals$)$

Answer:

You are going to make a portfolio consisting of $80\%$ of Bank of America Stock and $20\%$ of

Caterpillar Stock. You also have the following information:

What is the standard deviation for the portfolio? $($Answer as a percentage and Round to $2$

decimals$)$