You put 50% of your money in a stock portfolio that has an expected return of 14% and a standard deviation of 24%. You put the other 50% in a risky bond portfolio that has an expected return of 6% and a standard deviation of 12%. The stock and bond portfolios have a correlation of 0.55. The standard deviation of the complete portfolio will be __________.

Multiple Choice

more than 12% but less than 18%

equal to 12%

more than 18% but less than 24%

equal to 18%