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The return on stock 1 has a standard deviation of 31% and the return on stock 2 has a standard deviation of 15%. Their correlation
The return on stock 1 has a standard deviation of 31% and the return on stock 2 has a standard deviation of 15%. Their correlation is -0.69.
If you invest 30% in stock 1 and 70% in stock 2, what is the variance of the portfolio?
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