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CML The market portfolio has an expected return of 11 percent and a standard deviation of 19 percent. The risk-free rate is 3.2 percent. a.
CML The market portfolio has an expected return of 11 percent and a standard deviation of 19 percent. The risk-free rate is 3.2 percent. a. What is the expected return on a well-diversified portfolio with a standard deviation of 27 percent? b. What is the standard deviation of a well-diversified portfolio with an expected return of 15 percent
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