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Consider the following data on returns (R), standard deviation (C), and correlations (1) for stocks (asset 1), bonds (asset 2) and real estate (asset 3):

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Consider the following data on returns (R), standard deviation (C), and correlations (1) for stocks (asset 1), bonds (asset 2) and real estate (asset 3): R1 - 10%, 01 - 4%, R2 - 20%, 02 - 10%, R3 = 1396, 03 = 39,112 - 0.8, 113 -0.0, r23 -0.5. What is the reward to risk ratio (R/o ratio) of the portfolio that is invested 60% in stocks, 40% in bonds, and 0% in real estate? 2.963 5.945 2.298 2.363

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