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Assume the following information concerning a two-stock portfolio: Stock X Stock Y Percent of Portfolio 60% Please calculate it first Average annual return 11.36% 6.48%

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Assume the following information concerning a two-stock portfolio: Stock X Stock Y Percent of Portfolio 60% Please calculate it first Average annual return 11.36% 6.48% Standard deviation of returns 11.8% 17.9% Covariance of returns 30 Calculate the standard deviation of the portfolio using Markowitz formula. Round the answers to two decimal places. (Write the percentage sign in the "units" box). Your

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