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*Stocks B and C have the following return statistics: mu subscript B equals12.3% mu subscript C equals7.0% sigma subscript B equals21% sigma subscript C equals25%
*Stocks B and C have the following return statistics: mu subscript B equals12.3% mu subscript C equals7.0% sigma subscript B equals21% sigma subscript C equals25% rho subscript B C end subscript equals0.10 The risk-free rate is 0.2%. What is the standard deviation of return of a portfolio that is 80% invested in Stock B and the remainder in Stock C? Give your answer in percentage to the closest basis point
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