Question: You have two stocks. Stock 1 has a standard deviation of return of 15%. Stock 2 has a standard deviation of 12%. The correlation coefficient

You have two stocks. Stock 1 has a standard deviation of return of 15%. Stock 2 has a standard deviation of 12%. The correlation coefficient between the stocks is 0.5. Assume that you invest your wealth equally in stocks 1 and 2. Calculate the standard deviation of your portfolio.

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