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An investor puts 55% of his money into a risky asset offering a 12% return with a standard deviation of returns of 9% and the

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An investor puts 55% of his money into a risky asset offering a 12% return with a standard deviation of returns of 9% and the baiance of hifs funds in a risk-free asset offering 6%. What is the expected return of his portfolio? Select one: a. 10.7% b. 8.0% C 10.4% d. 8.7% e. 9.3%

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