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Your current portfolio has a value of $19,400 and a volatility of 0.155. You now invest an additional $3,000 into a stock that has a
Your current portfolio has a value of $19,400 and a volatility of 0.155. You now invest an additional $3,000 into a stock that has a volatility of 0.212 and a correlation of 0.71 with your portfolio. The volatility of the new portfolio after adding the new stock will be?
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