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Your current portfolio has a value of $24,100 and a volatility of 0.185. You now invest an additional $1,000 into a stock that has a

Your current portfolio has a value of $24,100 and a volatility of 0.185. You now invest an additional $1,000 into a stock that has a volatility of 0.263 and a correlation of 0.63 with your portfolio. The volatility of the new portfolio after adding the new stock will be?
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Your current portfolio has a value of $24,100 and a volatility of 0.185 . You now invest an additional $1,000 into a stock that has a volatility of 0.263 and a correlation of 0.63 with your portfolio. The volatility of the new portfolio after adding the new stock will be

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