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The estimated volatility of a domestic asset is = 17 (annualized standard deviation of returns). A foreign asset has a volatility of = 19 ,

The estimated volatility of a domestic asset is = 17 (annualized standard deviation of returns). A foreign asset has a volatility of = 19 , and a correlation of = .5 with the domestic asset. What is the volatility of a portfolio invested 70 percent in the domestic asset and 30 percent in the foreign asset?

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