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Calculate the correlation coefficient of a portfolio that has 40 percent in Stock X, with an expected return of 40 percent and standard deviation of

Calculate the correlation coefficient of a portfolio that has 40 percent in Stock X, with an expected return of 40 percent and standard deviation of 12 percent; and 60 percent in Stock Y, with an expected return of 30 percent and standard deviation of 15 percent. The portfolio standard deviation is 6 percent

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