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Suppose you held an equity portfolio that was 60% in Campbell Soup (Ticker: CPB) and 40% invested in Walmart (Ticker: WMT). If the standard deviation

Suppose you held an equity portfolio that was 60% in Campbell Soup (Ticker: CPB) and 40% invested in Walmart (Ticker: WMT). If the standard deviation of Campbell Soup's stock is 15.8% and the standard deviation of Walmart's stock is 23.7%, what is the standard deviation of your portfolio? You may assume that the correlation between Campbell Soup and Walmart is 0.18.

  • Record your answer as a percentage rounded to two decimal places (e.g. 1.23). Do not include a percentage sign (e.g. %) in your answer.

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