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Asset A has a standard deviation of 36.4%, while Asset B has a standard deviation of 47.1%. You own 29% Asset A and 71% Asset

Asset A has a standard deviation of 36.4%, while Asset B has a standard deviation of 47.1%. You own 29% Asset A and 71% Asset B. If the correlation between the two assets is .678, what is the standard deviation of the portfolio?

a. 23.15%

b. 36.47%

c. 41.33%

d. 48.12%

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