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Asset K has an expected return of 12 percent and a standard deviation of 31 percent. Asset L has an expected return of 6 percent

Asset K has an expected return of 12 percent and a standard deviation of 31 percent. Asset L has an expected return of 6 percent and a standard deviation of 11 percent. The correlation between the assets is .46. What are the expected return and standard deviation of the minimum variance portfolio? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

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