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You are investing for your retirement. You put 60% of your money into stock A, with expected return of 12%, and standard deviation of
You are investing for your retirement. You put 60% of your money into stock A, with expected return of 12%, and standard deviation of 20%. The rest are invested in stock B, with expected return of 10%, and standard deviation of 15%. The correlation coefficient between Stock A and Stock B is 0.5. What is the standard deviation of your retirement portfolio?
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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
5th edition
1259289907, 978-1259289903
