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Based on the following information for the IMM stock and the market portfolio, what is the diversifiable proportion for the stock? IMM stock: Standard deviation:

Based on the following information for the IMM stock and the market portfolio, what is the diversifiable proportion for the stock? IMM stock: Standard deviation: .8 Market portfolio: Standard deviation: .4 Correlation between the stock and the market portfolio: .8

Select one: a. 43% b. 36% c. 45% d. 39%

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