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A portfolio contains 67% of asset A and [100-x]% of asset B. If the sample standard deviations for assets A and B were 13% and
A portfolio contains 67% of asset A and [100-x]% of asset B. If the sample standard deviations for assets A and B were 13% and 12%, respectively, what was portfolio standard deviation? Assume the correlation coefficient between assets A and B is 0.72. (Provide your solution as a decimal with four digits of accuracy.)
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