Consider the following expected returns, volatilities, and correlations: 
The volatility of a portfolio that is equally invested in Wal-Mart and Duke Energy is closest to ________.
Definitions:
Undisputed Compensation
Payment or remuneration that is acknowledged and accepted by all parties involved as fair and just, without any objections.
Operation Of Law
Changes in rights or obligations that occur automatically due to existing legal rules, without the need for an agreement or court order.
Renunciation
The formal rejection of a claim, right, or possession, often involving legal ramifications.
Termination Option
A termination option is a contract provision that allows a party to end the agreement under specified conditions before its natural conclusion.
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