What is the joint expected risk of two projects if one, Financial Management

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What is the joint expected risk of two projects if one

What is the joint expected risk of two projects if one project has an ROI of 15% and the other project an ROI of 15%. Project one has a volume of 33 million USD, project two a volume of 83 million USD. The risk in project one is 15% and 11% in project two. The correlation of returns of the two projects is −0.6. σ1+2 =

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Financial Management: What is the joint expected risk of two projects if one

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