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A portfolio was created by investing 34% of the funds in Stock 1 with a variance of 0.06%, and the remaining balance of the funds

A portfolio was created by investing 34% of the funds in Stock 1 with a variance of 0.06%, and the remaining balance of the funds in Stock B with a standard deviation of 0.80%. If the correlation coefficient is 0.87, the portfolios standard deviation is closest to

W. 8.03%.

X. 6.68%.

Y. 3.85%.

Z. 1.32%.

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