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18 ) A portfolio has 10% of its value in IBM shares and the rest in Microsoft ( MSFT ) . The volatility of IBM

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18 ) A portfolio has 10% of its value in IBM shares and the rest in Microsoft ( MSFT ) . The volatility of IBM and MSFT are 40% and 30% , respectively , and the correlation between IBM and MSFT is - 03 . What is th standard deviation of the portfolio ? A) 19.17 % B ) 18.16 % C 22 20% D ) 20 . 18 %

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