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A portfolio manager creates the following portfolio: The correlation of returns between the two securities is 0.30. Calculate the expected return and the standard deviation

A portfolio manager creates the following portfolio:

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The correlation of returns between the two securities is 0.30. Calculate the expected return and the standard deviation of the portfolio.

\begin{tabular}{|l|c|c|c|} \hline Security & Weight & StandardDeviation & ExpectedReturn \\ \hline 1 & 60% & 18% & 28% \\ \hline 2 & 40% & 10% & 13% \\ \hline \end{tabular}

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