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You invest 79% of your money in Stock A and the rest in Stock B. The standard deviation of annual returns is 50% for Stock

You invest 79% of your money in Stock A and the rest in Stock B. The standard deviation of annual returns is 50% for Stock A and 50% for Stock B. The correlation between the two stocks is 0.3. By how many percentage points does diversifying between these two stocks reduce your risk? Go out three decimals - for example, write 5.6% as .056.

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