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An investor holds two securities X and Y in equal proportions with the following risk and return characteristics: E(R,)= 24% E(Ry)=19% Standard deviation x =
An investor holds two securities X and Y in equal proportions with the following risk and return characteristics: E(R,)= 24% E(Ry)=19% Standard deviation x = 28% S.Dy = 23% The returns of these securities have a positive correlation of 0.6. Calculate the portfolio return and risk
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