The overall standard deviation of returns of the portfolio

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The standard deviation of Home Depot Share prices is 30% and that of General Motors shares is 30%. When I hold both stocks in my portfolio and the stocks returns have zero correlation, the overall standard deviation of returns of the portfolio is:

A. Unchanged at 30%

B. less than 30%

C. more than 30%

D. cannot say for sure

Reference no: EM131074575

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