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A portfolio has 20% of its value in IBM shares and the rest in Microsoft (MSFT). The volatility of IBM and MSFT are 40% and

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A portfolio has 20% 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 -0.2. What is the standard deviation of the portfolio? O A. 26.11% B. 21.36% C. 23.73% D. 22.55%

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