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Addendum 6. A portfolio consists of two stocks, A and B, one third of the portfolio is invested in A and the balance is invested

Addendum 6.

A portfolio consists of two stocks, A and B, one third of the portfolio is invested in A and the balance is invested in B. The expected return of A is 11% with standard deviation of 15% and B has expected return of 14% and standard deviation of 21%. The correlation coefficient for A and B is 0.6. What is the portfolio standard deviation?

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