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Suppose Wesley Publishing's stock has a volatility of 60 %, while Addison Printing's stock has a volatility of 25 %. If the correlation between these
Suppose Wesley Publishing's stock has a volatility of 60 %, while Addison Printing's stock has a volatility of 25 %. If the correlation between these stocks is 20 %, what is the volatility of the following portfolios of Addison and Wesley:
a. 100 % Addison
b. 75 % Addison and 25 % Wesley
c. 50 % Addison and 50 % Wesley
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