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Asset A has expected return of 16% and variance of 12.98%. Asset B has an expected return of 8%, and a variance of 5.29%. The
Asset A has expected return of 16% and variance of 12.98%. Asset B has an expected return of 8%, and a variance of 5.29%. The correlation coefficient between the two assets is 0.6. Portfolio X is composed 50% of portfolio A and 50% of portfolio B. Variance of portfolio X is? Answer percent.
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