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A two-stock portfolio contains a $20,000 investment in Netflix and a $15,000 investment in Alcoa. Netflix has a volatility of 0.7, and Alcoa has a
A two-stock portfolio contains a $20,000 investment in Netflix and a $15,000 investment in Alcoa. Netflix has a volatility of 0.7, and Alcoa has a volatility of 0.5. If the correlation between the two stocks is 0.2, what is this portfolio's volatility? Enter your answer as a decimal and show 4 decimal places. Type your
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