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You have two stocks, X and Y, that you are going to confbine in a portfolio. You will invest 60% of your wealth in

 

You have two stocks, X and Y, that you are going to confbine in a portfolio. You will invest 60% of your wealth in X and the other 40% in Y. Stock X has an expected return of 10% and a standard deviation of 25%. For Stock Y, the expected return is 7% and the standard deviation is 18%. If their correlation coefficient is 0.10, the portfolio's standard deviation is greater than or equal to , but less than. Choose that range that contains the correct solution. O 0%; 15% 15%: 16% O 16%; 17% O 17%; 18% O 18%; infinity

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