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Stock X has a standard deviation of 21 percent per year and stock Y has a standard deviation of 6 percent per year. The correlation

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Stock X has a standard deviation of 21 percent per year and stock Y has a standard deviation of 6 percent per year. The correlation between stock A and stock B is .38. You have a portfolio of these two stocks wherein stock X has a portfolio weight of 42 percent. What is your portfolio standard deviation? A. 8.89 percent B. 9.85 percent C. 10.64 percent D. 11.84 percent

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