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Consider the following two assets: Asset X Asset Y Beta 0.8400 1.1500 st.dev 0.2600 0.2400 weight 0.5000 Where the standard deviation of returns is expressed

Consider the following two assets:

Asset X Asset Y
Beta 0.8400 1.1500
st.dev 0.2600 0.2400
weight 0.5000

Where the standard deviation of returns is expressed as a decimal. The standard deviation of the market is 0.0900 (in decimal form).

What is the total risk of the portfolio with the weights above?? Answer as a variance using decimal form (i.e. 0.1234)

Please dont round anything until the final step :)

thank you!

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