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A portfolio has 30% of its value in IBM SHARES and the rest in Microsoft (MSFT). The volatility of IBM and MSFT are 40% and
A portfolio has 30% 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 -0.5. What is the standard deviation of the portfolio?
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Personal Finance
Authors: Jack Kapoor, Les R. Dlabay, Robert J. Hughes
2nd Edition
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