-What Is the Standard Deviation of a Portfolio 60 Percent

Multiple Choice

$\begin{array}{c}\begin{array}{c}\underline{\text {State of the economy}}\\\text {Boom}\\\text {Recession}\end{array}\begin{array}{c}\underline{\text {Probability}}\\.3\\.7\\\end{array}\begin{array}{c}\underline{\text {Stock Q}}\\14 \% \\8\% \\\end{array}\end{array}$

-What is the standard deviation of a portfolio 60 percent invested in Stock P and the remainder in Stock Q?

A) 5.88%
B) 1.46%
C) 4.27%
D) 2.63%
E) 3.30%