The following information is available concerning expected return and standard deviation of Pluto and Neptune Corporations:

	Expected Return	Standard Deviation
Pluto Corporation	11%	0.22
Neptune Corporation	9%	0.13

If 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 2.58% standard deviation.
B. 10.0% expected return and 16.05% standard deviation.
C. 10.3% expected return and 16.05% standard deviation.