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Financial planner Charlie Labrador recommends to his client to invest $100,000 of her life savings in a bond mutual fund with an expected return of

Financial planner Charlie Labrador recommends to his client to invest $100,000 of her life savings in a bond mutual fund with an expected return of 5% and standard deviation of 15% and the remaining $300,000 of her savings in a stock mutual fund with an expected return of 10% and standard deviation of 35%. The correlation between the two funds is 0.4. What would be the standard deviation of her total portfolio?

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