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An investment group offers their clients advice on creating a diversified investment portfolio. A client asks them to develop a portfolio that includes investment in

An investment group offers their clients advice on creating a diversified investment portfolio. A client asks them to develop a portfolio that includes investment in a Domestic Growth Fund (a mutual fund composed of US stocks with a history of strong performance) and a corporate bond fund. The Domestic Growth Fund has an expected return of 7.60% with a standard deviation of 18.55%. The corporate bond fund has an expected percent return of 5.75% with a standard deviation of 4.80%. The covariance of an investment in the Domestic Growth Fund with an investment in a corporate bond fund is -12.3.(Round your answers for standard deviation to two decimal places.) If the investment group recommends that the client invest 75% in the Domestic Growth Fund and 25% in the corporate bond fund, what is the expected percent return and standard deviation for such a portfolio?
expected percent return
%(Do not round)
standard deviation
%(Round to 2 decimal places)

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