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Given 2 stocks with the following data. Stock Expected Return Delta 10.5% Echo 16.1% Correlation coefficient between Delta & Echo - +0.05 Standard Deviation 12.9%

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Given 2 stocks with the following data. Stock Expected Return Delta 10.5% Echo 16.1% Correlation coefficient between Delta & Echo - +0.05 Standard Deviation 12.9% 32.4% 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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