A portfolio is composed of two stocks, A and B. Stock A has…
A portfolio is composed of two stocks, A and B. Stock A has a standard deviation of return of 19%, while stock B has a standard deviation of return of 30%. The correlation coefficient between the returns on A and B is 0.80. Stock A comprises 33% of the portfolio, while stock B comprises 67% of the portfolio. The standard deviation of the return on this portfolio is ________.
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