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your current portfolio has a value of 30000 with Er= 15% & std = 20%. you decide you want to purchase 6000worth of stock xyz
your current portfolio has a value of 30000 with Er= 15% & std = 20%. you decide you want to purchase 6000worth of stock xyz which has an er= 13% & is perfectly negatively correlated to current portfolio. what is the new standard deviation of portfolio after the addition of xyz?
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