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The statistics for the returns on the various components of a retirement portfolio are: Asset Allocation (w) Expected Standard Correlation(p) Return (E(r)) Deviation (o) Cash

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The statistics for the returns on the various components of a retirement portfolio are: Asset Allocation (w) Expected Standard Correlation(p) Return (E(r)) Deviation (o) Cash Bonds Stock Cash 10% 1.73% 2% 1.00 0.58 -0.05 Bonds 10% 4.59% 3% 1.00 0.37 Stocks 80% 9.62% 19% 1.00 Calculate the portfolio variance. Enter the answer as a decimal (with 4 decimal places). For example 0.0234412 = 0.0234

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