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Expected Return Standard Deviation Stock X 8 % 0 . 1 2 Stock Y 6 % 0 . 0 9 Correlation ( x , Y

Expected Return Standard Deviation
Stock X
8%
0.12
Stock Y
6%
0.09
Correlation (x,Y)=0.5
You invest $1000 is Stock x and $4000 in Stock Y. What is your portfolio standard deviation of returns?
8.653%
7.488%
7.550%
none of the choices
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