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You wish to combine two stocks, Encor and Maestro, into a portfolio with an expected return of 1 5 . 5 percent. The expected return

You wish to combine two stocks, Encor and Maestro, into a portfolio with an expected return of 15.5 percent. The expected return of Encor is 1.5 percent with a standard deviation of 1 percent. The expected return of Maestro is 24.0 percent with a standard deviation of 9.5 percent. The correlation between the two stocks is 0.4.
What is the composition (weights) of the portfolio? (Round answer to 4 decimal places, e-g.14.5125%.)
Weight in Encor
Weight in Maestro
What is the portfolio standard deviation? (Round intermediate calculations to 7 decimal places, e.g.0.5125129 and the final answer to 4 decimal places, e.g.14.5125%.)
Standard deviation
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