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As an alternative to Brazil, $20 billion can be invested in the Congo basin in a project that will provide a 35% return with a

As an alternative to Brazil, $20 billion can be invested in the Congo basin in a project that will provide a 35% return with a 40% standard deviation having a correlation of -0.6 with domestic operations. Again, compute the expected returns and the standard deviation from the combined operations. Should they invest in Brazil or Congo? WHY?

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