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A risky portfolio has an expected annual return of 9% with a standard deviation of 18%. If you were to invest $5,000 in this risky
A risky portfolio has an expected annual return of 9% with a standard deviation of 18%. If you were to invest $5,000 in this risky portfolio and $5,000 in Treasury securities (assume risk free) offering 2% per year, what would be the expected return of the resulting portfolio? Answer in percent, rounded to two decimal places (e.g., 4.23% = 4.23).
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