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an investor invests 40% of his wealth in a risky asset with an expected rate of return of 18% and a variance of 10% and
an investor invests 40% of his wealth in a risky asset with an expected rate of return of 18% and a variance of 10% and 60% in a T-bill that pays 4%. His portfolios expected return is
11.4%
8.7%
9.6%
8.1%
none of the above
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