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James is borrowing $8000 and invests it along with his own $10,000 in a portfolio earning 8% expected return and 30% standard deviation. What is

James is borrowing $8000 and invests it along with his own $10,000 in a portfolio earning 8% expected return and 30% standard deviation. What is his standard deviation?

44%

14.4%

19%

54%

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