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The expected return on ZV next year is 12% with a standard deviation of 20%.The expected return on TNA next year is 24% with a standard deviation of 30%.The correlation between the two shares is -.6.If Hannah makes equal investments in ZV and TNA, what is the standard deviation of her portfolio?
Executive Agency
A government department or unit under the direct control of the executive branch, responsible for implementing government policy and administration.
Subpoena Duces Tecum
A court order requiring a person to produce documents or records for a legal proceeding.
Fifth Amendment
An amendment to the U.S. Constitution that provides several protections for individuals, including the right against self-incrimination and the right to due process of law.
Fourth Amendment
An amendment to the U.S. Constitution that prohibits unreasonable searches and seizures and requires any warrant to be judicially sanctioned and supported by probable cause.
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