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I really need help with this. Last time I asked it was wrong. Round to two decimal. In addition to risk-free securities, you are currently
I really need help with this. Last time I asked it was wrong. Round to two decimal.
In addition to risk-free securities, you are currently invested in the Tanglewood Fund, a broad-based fund of stocks and other securities with an expected return of 11.39% and a volatility of 33.64%. Currently, the risk-free rate of interest is 2.63%. Your broker suggests that you add a venture capital fund to your current portfolio The venture capital fund has an expected return of 18.15%, a volatility of 60.77%, and a correlation of 0.17 with the Tanglewood Fund. Calculate the required return and use it to decide whether you should add the venture capital fund to your portfolioStep by Step Solution
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