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Portfolio A with a market portfolio and a correlation coefficient of 1 has an expected return of 12% The risk-free return is 5 per cent.

Portfolio A with a market portfolio and a correlation coefficient of 1 has an expected return of 12% The risk-free return is 5 per cent. The standard deviations between the expected return and return on the market portfolio are 10% and 25%, respectively. What is the standard deviation of Portfolio A returns? Answer in % units to natural numbers.

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