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The standard deviation of annual returns for Stock #1 is 65% and for Stock #2...

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Finance

The standard deviation of annual returns for Stock #1 is 65% and for Stock #2 is 55%. The correlation of Stock #1's returns to Stock #2's returns is +1. If you buy $55 worth of Stock #1, how much worth of Stock #2 must you trade in order to create a hedged portfolio of the two stocks? If you want to buy Stock #2, make it a positive number and if you want to short-sell Stock #2, type a negative number. Round to the nearest dollar (but, as always, don't type the dollar sign.)

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