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Toyota Corp.'s stock price has a variance of returns equal to 0.0315 . Honda Corp.'s stock price has a variance of returns equal to 0.0475
Toyota Corp.'s stock price has a variance of returns equal to 0.0315. Honda Corp.'s stock price has a variance of returns equal to 0.0475. The covariance between Toyota and Honda is 0.0695. What is the standard deviation of a portfolio consisting of 50% Toyota and 50% Honda? *Place your answer in decimal form
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