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Question: you construct a portfolio containing two stocks x and y...

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You construct a portfolio containing two stocks, X and Y.  You invest 20% of your funds in Stock X and the remainder in Stock Y.  Stock X has an expected return of 9.7% and has a standard deviation of 15%.  Stock Y has an expected return of 12.6% and has a standard deviation of 20%.  The covariance between the two stocks is 0.018.  What is the correlation coefficient between the two stocks?

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