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A portfolio is composed of two stocks, x and Y . The standard deviation of return for Stock x is 2 5 % and for

A portfolio is composed of two stocks, x and Y. The standard deviation of return for Stock x is 25% and for Stock Y it is 20%. Stock X comprises 60% of the portfolio, whilst stock Y comprises 40% of the portfolio. The correlation coefficient between the returns on Stock X and stock Y is 0.3. Compute the standard deviation of return for the portfolio.
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