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The following returns have been estimated for Security B and Security O: Scenario Security B Security O 1 10% 0% 2 -3% 5% 3 14%

The following returns have been estimated for Security B and Security O:

Scenario

Security B

Security O

1

10%

0%

2

-3%

5%

3

14%

10%

Each scenario is equally likely to occur, and you plan to invest 40% of your funds in Security B and 60% in Security O. What is the standard deviation of the rate of return of your portfolio? Round your answer to the nearest tenth of a percent.

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