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Expected return Standard deviation 0.03 0.02 U.S. Bonds 0.02 0.02 Canadian bonds The correlation of the returns of US and Canadian bonds is 0.6. If

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Expected return Standard deviation 0.03 0.02 U.S. Bonds 0.02 0.02 Canadian bonds The correlation of the returns of US and Canadian bonds is 0.6. If 60 percent of a portfolio is invested in US bonds and the rest in Canada bonds, what is the standard deviation of portfolio returns

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