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4) Security M has an expected return of 16% with a standard deviation of 15%. Security N has an expected return of 14% and a

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4) Security M has an expected return of 16% with a standard deviation of 15%. Security N has an expected return of 14% and a standard deviation of 12%. The expected correlation coefficient between M and N is +0.4. Calculate the expected return and standard deviation of a portfolio consisting of 80% of the funds invested in security M and 20% of the funds invested in security N

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