What is the standard deviation of the portfolio

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 Florida Company (FC) and Minnesota Company (MC) are both service companies.

Their historical return for the past three years are:

FC: -5%, 15%, 20%,

MC: 8%, 8%, 20%.

What is the standard deviation of the portfolio with 50% of the funds invested in FC and 50% in MC?

Reference no: EM131166935

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