Question: Question 13 15 points Save Answer Consider an MNC that is exposed to the Taiwan dollar (TWD) and the Egyptian pound (EGP). 25% of the

Question 13 15 points Save Answer Consider an MNC that is

Question 13 15 points Save Answer Consider an MNC that is exposed to the Taiwan dollar (TWD) and the Egyptian pound (EGP). 25% of the MNC's funds are Taiwan dollars and 75% are pounds. The standard deviation of exchange movements is 13% for Taiwan dollars and 12% for pounds. The correlation coefficient between movements in the value of the Taiwan dollar and the pound is 0.34. Based on this information, the standard deviation of this two-currency portfolio is approximately (answer in 4 decimal places) A Moving to another question will save this response

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