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A portfolio has 15% of its value in IBM shares and the rest in Microsoft (MSFT). The standard deviation of IBM is 5% and MSFT

A portfolio has 15% of its value in IBM shares and the rest in Microsoft (MSFT). The standard deviation of IBM is 5% and MSFT is 17%, respectively, and the correlation between IBM and MSFT is - 0.9 (negative 0.9). What is the standard deviation of the portfolio?

Question 29 options:

0%

6.568%

15.456%

13.779%

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