Intro A multinational corporation is expecting cash flows in two currencies, X and Y. The standard deviation of monthly percentage changes in X is 15% and in Y it is 5%. Their correlation is 0.6. Part 1 Attempt 2/10 for 8 pts. If 20% of portfolio value is denominated in currency X and 80% in Y, what is the standard deviation of the portfolio? 3+ decimals Previous answers: 2.332 Submit Intro A multinational corporation is expecting cash flows in two currencies, the U.S. dollar ($) and the euro (). The standard deviation of monthly percentage changes in dollars is 16% and it is 3% for the euro. The correlation coefficient of monthly precentage changes between the two currencies is 0.23. Part 1 - Attempt 1/10 for 10 pts. If 60% of portfolio value is denominated in dollars and 40% in euros, what is the standard deviation of the portfolio? 3+ decimals Submit