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14. Suppose Tex stock has a volatility of 26%, and Mex stock has a volatility of 17%. The correlation between the two stocks is 0.16

14.

Suppose Tex stock has a volatility of 26%, and Mex stock has a volatility of 17%. The correlation between the two stocks is 0.16

Compute the variance for a portfolio with 25% invested in Tex, and 75% invested in Mex.

Group of answer choices

0.023

0.035

0.251

0.015

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