your portfolio of u.s. equities has an annual standard deviation of 20%. you are considering moving 40% of your portfolio to new zealand bonds which have a standard deviation of 30% and a correlation with your u.s. portfolio of -0.2. which of the following is true?your total portfolio standard deviation increases to approximately 24%your total portfolio standard deviation is approximately unchangedyour total portfolio standard deviation decreases to approximately 18%your total portfolio standard deviation decreases to approximately 15%none of the above
