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You plan to invest 39% of your portfolio in Company A with the remainder to be invested in Company B. The standard deviation of Company
You plan to invest 39% of your portfolio in Company A with the remainder to be invested in Company B. The standard deviation of Company As stock returns is 17%. The standard deviation of Company Bs stock returns is 22%. The correlation between the stock returns of Company A and Company B is 0.69. What is the standard deviation of your portfolios returns (as a percentage to two decimal places)?
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