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You plan to invest 28% of your portfolio in Company A with the remainder to be invested in Company B. The standard deviation of Company A’s stock returns is 15%. The standard deviation of Company B’s stock returns is 21%. The correlation between the stock returns of Company A and Company B is 0.64. What is the standard deviation of your portfolio’s returns (as a percentage to two decimal places)?
Your answer should be expressed as a percentage to 2 decimal places but do not include a percent sign. For example, if your answer is 10.237%, you should enter 10.24. If your answer is 10.233%, you should enter 10.23. Please do not enter your answer as a decimal, such as 0.1024.
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