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Describe the diversification potential of two assets with a 20.8 correlation. What's the potential if the correlation is 10.8? Portfolio Return At the beginning of

Describe the diversification potential of two assets with a 20.8 correlation. What's the potential if the correlation is 10.8?

Portfolio Return At the beginning of the month, you owned $5,500 of General Dynamics, $7,500 of Starbucks, and $8,000 of Nike. The monthly returns for General Dynamics, Starbucks, and Nike were 7.44 percent, 21.36 percent, and 20.54 percent. What is your portfolio return?

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