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3. Felix and Pumpkin Consider the following two companies and their common stock data; the correlation coefficient between the returns on these two companies is

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3. Felix and Pumpkin Consider the following two companies and their common stock data; the correlation coefficient between the returns on these two companies is 32%. Company Felix Inc. Pumpkin Co. Expected Return 8% 17% Standard Deviation Of Return 27% 43% Calculate the expected return and standard deviation of return of a portfolio that is equally invested in Felix and Pumpkin

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