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Consider the following information on the two stocks: Stock Expected Return Standard Deviation ABC 14% 6% XYZ 30% 28% The correlation coefficient between ABC and

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Consider the following information on the two stocks: Stock Expected Return Standard Deviation ABC 14% 6% XYZ 30% 28% The correlation coefficient between ABC and XYZ is 0.38. Compute the standard deviation of a portfolio which is 66% invested in ABC with the remainder in XYZ. Input your response in percent rounded to two decimal places (but do not include the percent sign)

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