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Below are the expected returns and the standard deviation of Microsoft, IBM, and Exxon stocks: The correlation between Microsoft and IBM is 0.7; between Microsoft
Below are the expected returns and the standard deviation of Microsoft, IBM, and Exxon stocks: The correlation between Microsoft and IBM is 0.7; between Microsoft and Exxon is 0.3; and between IBM and Exxon is 0.2. If you invest $100 in Microsoft, $300 in IBM, and $200 in Exxon, what is the expected return and standard deviation of your portfolio
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