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Stock 1 has an expected return of 4 % and a standard deviation of 3 8 % . Stock 2 has an expected return of

Stock 1 has an expected return of 4% and a standard deviation of 38%. Stock 2 has an expected return of 11% and a standard deviation of 23%. Their correlation is 0.17.
You invest 30% in stock 1 and 70% in stock 2.
What is the variance of the portfolio?What is the standard deviation of the portfolio?

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