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Can someone explain to me how they obtained the E(r) 6.87% and Standard Deviation 23.94% of the portfolio(last, bottom part) of the question answered in
Can someone explain to me how they obtained the E(r) 6.87% and Standard Deviation 23.94% of the portfolio(last, bottom part) of the question answered in the following Chegg link?
https://www.chegg.com/homework-help/questions-and-answers/client-wishes-portfolio-rate-return-expected-10--mix-two-two-stocks-money-market-funds-pay-q37239313
Formulas and steps would be highly appreciated, thank you!
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