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Using the data in the following table and the fact that the correlation of A and B is 0.39, calculate the volatility (standard deviation) of

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Using the data in the following table and the fact that the correlation of A and B is 0.39, calculate the volatility (standard deviation) of a portfolio that is 70% invested in stock A and 30% invested in stock B. Realized Returns Year Stock A Stock B 2008 -6% 20% 2009 10% 25% 2010 9% 10% 2011 8% 2012 4% 5% 2013 7% 34% GDCDTI The standard deviation of the portfolio is % (Round two decimal places) - 2%

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