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You have invested 30% of your portfolio in a stock with 40% standard deviation and the remaining in a stock with 20% standard deviation. The
You have invested 30% of your portfolio in a stock with 40% standard deviation and the remaining in a stock with 20% standard deviation. The two stocks' covariance is -0.0160. What is the standard deviation of the portfolio?
Provide your answer in percent, rounded to two decimals omitting the % sign.
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