Research reported in the chapter shows that the correlation between the U.S. and Japanese stock markets is 0.35. Assume that the standard deviations of the two markets are 15 percent and 18 percent, respectively. All statistics pertaining to the Japanese market use return data converted into USD. An investor redeploys USD 10 million out of a USD 40 million U.S. stock portfolio into Japanese stocks. A. What is the variance of the revised portfolio? B. What is the standard deviation of the revised portfolio? C. Based solely on portfolio standard deviation, do you think this is a good move?