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Below are returns and standard deviations for four investments. Calculate the risk (standard deviation) of the following portfolios: Return (%) Standard Deviation (%) Treasury Bills

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Below are returns and standard deviations for four investments. Calculate the risk (standard deviation) of the following portfolios: Return (%) Standard Deviation (%) Treasury Bills 6 0 Acco Brands Corporation (ACCO) 10 14 1st Constitution Bancorp (FCCY) 14.5 28 1895 Bancorp of Wisconsin, Inc. (BCOW) 21 26 a) 50% in Treasury bills, 50% in ACCO stock. b) 50% each FCCY stock and 50% BCOW stock, assuming the shares have a: perfect positive correlation perfect negative correlation . no correlation c) FCCY stock has a lower return than BCOW stock but a higher standard deviation. Does that mean that FCCY's price is too high or that BCOW's price is too low

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