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7) J&J has expected returns of 7% with a standard deviation of 10%. The W company has expected returns of 16% with a standard deviations

image text in transcribed 7) J&J has expected returns of 7% with a standard deviation of 10%. The W company has expected returns of 16% with a standard deviations of 20%. The correlation of returns between these two companies is 22%. Calculate the expected return and standard deviation of a portfolio that is equally invested in J\&J's and W's stock

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