Question
Edgar invests 30% of his wealth in a risky asset with an expected rate of return of 0.25 and a variance of 0.06 and 70%
Edgar invests 30% of his wealth in a risky asset with an expected rate of return of 0.25 and a variance of 0.06 and 70% in a T-bill that pays 8%. What is his portfolio's expected return and standard deviation?
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
