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You form a portfolio by investing $2100 in stock A and $1900 in stock B. The expected return for stock A is 7% while the

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You form a portfolio by investing $2100 in stock A and $1900 in stock B. The expected return for stock A is 7% while the expected return for stock B is 11%. The standard deviation for stock Ais 15% and the standard deviation for stock B is 12%. The expected return and standard deviation for the market portfolio are 15% and 20%, respectively. The risk-free rate is 3%. The covariance between stock A and stock B is 0.05. Calculate the variance of this portfolio. (Please retain at least 4 decimal places in your calculation and at least 2 decimal places in your final answer.) %. The variance of this portfolio is

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