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An engineering firm is considering two new projects. Project A has an expected v...
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An engineering firm is considering two new projects. Project A has an expected value (EV) of $15 million and a standard deviation (SD) of $105 million. Project B has an EV of $10 million and an SD of $15.5 million. If the company decides to invest 50% in each project and assumes the outcomes are uncorrelated, what is the standard deviation of the combined investment portfolio?
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