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What is the standard deviation of a portfolio of two stocks given the following data: Stock A has a standard deviation of 18%. Stock B

What is the standard deviation of a portfolio of two stocks given the following data: Stock A has a standard deviation of 18%. Stock B has a standard deviation of 14%. The portfolio contains 40% of stock A, and the correlation coefficient between the two stocks is -0.23. (9 points)

A. 15.6%

B. 9.7%

C. 12.2%

D. 14%

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