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QUESTION 87 Your client, Alex, has only two assets in his portfolio: assets A and B. Asset A had a standard deviation of 40 %,

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QUESTION 87 Your client, Alex, has only two assets in his portfolio: assets A and B. Asset A had a standard deviation of 40 %, and Asset B has a standard deviation of 20 % 50 % of his portfolio is invested in Asset A, and 50 % is invested in Asset B. The correlation for assets A and B is 0.90. What is the standard deviation of Alex's portfolio? O>30%.

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