You put 60% of your money in a stock portfolio that has an expected return of 13.75% and a standard deviation of 33%. You put the rest of you money in a risky bond portfolio that has an expected return of 4.50% and a standard deviation of 14%. The stock and bond portfolio have a correlation 0.28. What is the standard deviation of the resulting portfolio? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.

Using the stock and bond portfolios from problem 1, what is the standard deviation of the minimum variance portfolio formed from this stock and bond portfolio? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.