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You are given the following information about the annual returns of two stocks, X and Y: The expected returns of X and Y are 10%

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You are given the following information about the annual returns of two stocks, X and Y: The expected returns of X and Y are 10% and 12% The standard deviation of the returns of X and Y are 0.15 and 0.2 The correlation coefficient is pxy = 0.5 The expected return of a portfolio consisting only of stocks X and Y is 11.2%. Calculate the variance of the portfolio return

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