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The following information is available concerning expected return and standard deviation of Pluto and Neptune Corporations:E(r) StdevPluto Corporation 11% 0.22Neptune Corporation 9% 0.13If the correlation between Pluto and Neptune is 0.25, determine the expected return and standard deviation of a portfolio that consists of 65% Pluto Corporation stock and 35% Neptune Corporation stock.A) 10.3% expected return and 16.05% standard deviation.B) 10.3% expected return and 2.58% standard deviation.C) 10.0% expected return and 16.05% standard deviation.

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