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Imagine you have a portfolio consisting of 30% IBM stock which has an expected return of 8% and a standard deviation of 42%. The remaining

Imagine you have a portfolio consisting of 30% IBM stock which has an expected return of 8% and a standard deviation of 42%. The remaining 70% of the portfolio is invested in Toyota stock which has an expected return of 5% and a standard deviation of 27%. The correlation between these two stocks is 0.65. What is the portfolios standard deviation?

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