Consider the characteristics of the following three stocks Expected Return Standard Deviation Pic Image 19 % 25 % Tax Help 18 25 Warm Wear 32 28 The correlation between Pic Image and Tax Help is 0.78....

The correlation between Pic Image and Tax Help is 0.78. The correlation between Pic Image and Warm Wear is −0.21. The correlation between Tax Help and Warm Wear is −0.17.


Select only two stocks for your portfolio based on expected returns and correlation.