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Labyrinth Electronics stock has an expected return of 13% and a standard deviation of 16%. Flux Navigations has an expected return of 22% and a
Labyrinth Electronics stock has an expected return of 13% and a standard deviation of 16%. Flux Navigations has an expected return of 22% and a standard deviation of 40%. The correlation coefficient between Labyrinth and Flux is 0.3. What is the expected return, in percent, of a portfolio invested 40% in Labyrinth and 60% in Flux?
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