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2. (22 pts) Your friend wants to invest in two securities in transportation industry: KLM and DELTA. KLM has a standard deviation of returns of

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2. (22 pts) Your friend wants to invest in two securities in transportation industry: KLM and DELTA. KLM has a standard deviation of returns of 47% and DELTA has a standard deviation of 33%. These securities have a correlation of +1. Your friend cannot decide how much to invest in KLM and DELTA so that the portfolio standard deviation is minimized. Help him

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