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Answer the below and show all working out. A portfolio is composed of two stocks, A and B. The portfolio weight and standard deviation of

Answer the below and show all working out.

A portfolio is composed of two stocks, A and B. The portfolio weight and standard deviation of returns for the stocks are given in the table below. The correlation coefficient between the stocks is +0.45. What is the standard deviation of returns for the portfolio?

Stock Standard Deviation of Stock Portfolio Weight of Stock
A 35% 0.4
B 15% 0.6

Answer: _________%

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