Peek-a-Boo Veach, a U.S. citizen, estimates that a diversified portfolio of Norwegian common stocks has a standard

Question:

Peek-a-Boo Veach, a U.S. citizen, estimates that a diversified of Norwegian common has a standard deviation of 24%. Peek-a-Boo also estimates that the standard deviation of the U.S. and Norwegian currency return is 7%. Finally, Peek-a-Boo estimates the correlation between the dollarkrone currency return and the Norwegian stock market return to be 0.20. Given this information, what should Peek-a-Boo conclude is the standard deviation for a U.S. investor investing solely in the Norwegian stock market? Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...