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A two-stock portfolio contains a $9,000 investment in Netflix and a $14,000 investment in Alcoa. Netflix has a volatility of 0.8, and Alcoa has a
A two-stock portfolio contains a $9,000 investment in Netflix and a $14,000 investment in Alcoa. Netflix has a volatility of 0.8, and Alcoa has a volatility of 0.3. 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.
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