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14, Stocks offer an expected return of 18% with a standard deviation of 22%, and gold offers an exp return of 10% with a standard deviation of 30%. In light of the apparent inferiority of gold, why would anyone hold gold? ected Because gold is a hedge against inflation. Because of gold's historically low correlation with other assets. Because gold prices tend to move against the market. a. b. d.all of the aboveStep by Step Solution
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