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Stock X has a return of 1 5 percent and a standard deviation of return of 1 0 percent. Stock Y has a return of

Stock X has a return of 15 percent and a standard deviation of return of 10 percent. Stock Y has a return of 30 percent and a standard deviation of return of 20 percent. The covariance of the two stocks is 100. If you invest 60 percent of your funds in stock X and 40 percent in stock Y, what is the expected return of your portfolio? what is the standard deviation of your portfolio?

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