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Jack Jones has a two-stock portfolio with 45% invested in Stock A. The variance of Stock A is 0.09 and the standard deviation of Stock

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Jack Jones has a two-stock portfolio with 45% invested in Stock A. The variance of Stock A is 0.09 and the standard deviation of Stock B is 18%. The covariance between Stock A and Stock Bis 0.23 a. Calculate the standard deviation of the portfolio in 6 decimal places. b. Calculate the correlation between the two stocks in 6 decimal paces Jack Jones has a two-stock portfolio with 45% invested in Stock A. The variance of Stock A is 0.09 and the standard deviation of Stock B is 18%. The covariance between Stock A and Stock Bis 0.23 a. Calculate the standard deviation of the portfolio in 6 decimal places. b. Calculate the correlation between the two stocks in 6 decimal paces

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