Dinky an individual investor decided to invest in jj, Basic Statistics

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Dinky an individual investor decided to invest in jj

Question: Dinky, an individual investor, decided to invest in JJ Company and KK Company. Here are the pieces of information about the two investments:

Company	Number of Shares in Portfolio	Standard Deviation	Expected Return
JJ	4	3%	5%
KK	6	7%	6%

Given that both investments have a covariance of .25, what is the standard deviation of Dinky's portfolio?

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Basic Statistics: Dinky an individual investor decided to invest in jj

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