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Stock X and Stock Y have a correlation coefficient of .5. Stock X has an expected...

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Finance

Stock X and Stock Y have a correlation coefficient of .5. StockX has an expected return of 10% and a standard deviation of 10%.Stock Y has an expected return of 14% and a standard deviation of21%. What is the portfolio standard deviation if 60% of your wealthis invested in Stock X and 40% in Stock Y? (Assume that no stocksother than X and Y can be invested in this portfolio.) Select one:a. 4.41% b. 20.5% c. 12.53% d. 2.07% e. 54.9%

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Stock X and Stock Y have a correlation coefficient of .5. StockX has an expected return of 10% and a standard deviation of 10%.Stock Y has an expected return of 14% and a standard deviation of21%. What is the portfolio standard deviation if 60% of your wealthis invested in Stock X and 40% in Stock Y? (Assume that no stocksother than X and Y can be invested in this portfolio.) Select one:a. 4.41% b. 20.5% c. 12.53% d. 2.07% e. 54.9%

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