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Emma Driscoll has 80% invested in Stock A with the rest invested in Stock B. The variance of Stock A is 1% and the standard

Emma Driscoll has 80% invested in Stock A with the rest invested in Stock B. The variance of Stock A is 1% and the standard deviation of Stock B is 14%. The correlation between Stock A and Stock B is 0.93. Calculate the standard deviation of the portfolio. (3 Marks) Please provide your answer as a decimal to 4 decimal places.

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