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18 Use the table for the question(s) below Consider the following expected returns, volatilities, and correlations Expected Standard Correlation with Correlation with Correlation with Wal

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Use the table for the question(s) below Consider the following expected returns, volatilities, and correlations Expected Standard Correlation with Correlation with Correlation with Wal Mart 0.0 Stock Duke Energy Microsoft Wal Mart Return Deviation Duke Energy Microsoft 14 44% 5% 24% 14% 1.0 1.0 23% 0.0 The expected return of a portfolio that is equally invested in Duke Energy and Microsoft is closest to A. B. C. D. 24% 23% 29% 28%

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