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#14 An investor puts 46.00% of his investment into Cisco Systems, and the remaining 54.00% into Apple Computer. The standard deviation on Cisco Systems stock

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#14 An investor puts 46.00% of his investment into Cisco Systems, and the remaining 54.00% into Apple Computer. The standard deviation on Cisco Systems stock is 36.00%, while the standard deviation on Apple Computer is 28.00%. Find the standard deviation of this portfolio if the correlation between the two stocks is 0.70. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

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