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A portfolio has two assets: 30% in stock A and 70% in stock B. Stock A has an expected return of 5%, and stock Bs

A portfolio has two assets: 30% in stock A and 70% in stock B. Stock A has an expected return of 5%, and stock Bs expected return is 8%. The standard deviations of the returns of A and B are 1% and 3%, respectively. The two stocks have a positive correlation of 0.2. Suppose the risk-free rate is 2%, what is the Sharpe Ratio of the portfolio?

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