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please answer and show work Forever Savings Bank estimates that bulding a new branch office in the newly developed Washington township will yield an annual

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Forever Savings Bank estimates that bulding a new branch office in the newly developed Washington township will yield an annual expected return of 12 percont with an estimated standard deviation of 10 percent. The bank's matketing department estimates that cash flows from the proposed Washington branch will be mildy positively correlate (with a correlation coefficient of +0.15 ) with the bank's other sources of cash flow. The expected annual return from the bank's existing facilites and other assots is 10 percent with a standard deviation of 5 percent. The branch will represent just 20 percent of Lifetime's total assets. Wil the proposed branch increase Forever's overall rate of return? Ils overall nsk? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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