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The expected returns for Hickory Inc.and Dickory Inc.are 8 percent and 13 percent,respectively.The standard deviation is 12 percent for Hickory and 18 percent for Dickory.What is the portfolio standard deviation if 40 percent of the portfolio is in Hickory and there is no relationship between the returns on the two securities?
Internationalism
A political principle which advocates for greater political or economic cooperation among nations and peoples across the globe.
Rationing
The controlled distribution of scarce resources, goods, or services, often implemented during shortages to ensure fair and equitable access.
Consumer Goods
Products that are purchased for consumption by the average consumer, typically including items like food, clothing, and household products.
Unemployment
The condition of being jobless and actively seeking employment, often used as a key indicator of economic health.
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