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Two assets each have 0.12 variance. When you combine them in a risky portfolio with 0.5 weight each, the portfolio variance is 0.09. What is
Two assets each have 0.12 variance. When you combine them in a risky portfolio with 0.5 weight each, the portfolio variance is 0.09. What is the two assets' correlation? Provide your answer rounded to 3 decimals
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