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Given 2 stocks with the following data. Stock Expected Return Standard Deviation Delta 20. 14.9 Echo 16.1% 67.9 Correlation coefficient between Delta & Echo =

Given 2 stocks with the following data.

Stock

Expected Return

Standard Deviation

Delta

20.

14.9

Echo

16.1%

67.9

Correlation coefficient between Delta & Echo = + 0.05

Calculate the standard deviation of a 2-stock portfolio consisting of 95% Delta & 5% Echo. Show all work or attach Excel spreadsheet.

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