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Stock A has an expected return of 8% and a standard deviation of 20%. Stock B has an expected return of 13% and a standard

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Stock A has an expected return of 8% and a standard deviation of 20%. Stock B has an expected return of 13% and a standard deviation of 30%. There is no risk-free asset. The correlation between A and B is 0.35. If the portfolio is made up of 75% of Stock A \& 25% of Stock B, what is the expected return of the portfolio? Enter your response as a regular percentage rate, rounded to two decimal places. Do not enter dollar signs, percent signs, or commas. For example, if you calculated the decimal 0.04891, you would enter for your answer, 4.89. Or if you calculated 12.56841\%, you would enter 12.57

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