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Asset K has an expected return of 21 percent and a standard deviation of 36 percent. Asset L has an expected return of 9 percent

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Asset K has an expected return of 21 percent and a standard deviation of 36 percent. Asset L has an expected return of 9 percent and a standard deviation of 20 percent. The correlation between the assets is 0.45. What are the expected return and standard deviation of the minimum variance portfolio? (Do not round intermediate calculations. Enter your onswers as a percent rounded to 2 decimal places.)

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