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You form a portfolio by buying $14983 of Microsoft stock, and $84329 of Apple stock. Microsoft stock has a standard deviation of 27% and Apple
You form a portfolio by buying $14983 of Microsoft stock, and $84329 of Apple stock. Microsoft stock has a standard deviation of 27% and Apple stock has a standard deviation of 34%, and they have a correlation of 0.45. What is the standard deviation of your portfolio?
Please give your answers to two decimal places (9.99%)
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