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please show work You own a portfolio of two stocks. Red River Inc. has an expected return of 9% and a standard deviation of 15%

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You own a portfolio of two stocks. Red River Inc. has an expected return of 9% and a standard deviation of 15% while Boston Harbor Co. has an expected return of 15% with a standard deviation of 19%. A) What percent of your portfolio must you invest in each stock if you wanted to earn a 12.4% return on the portfolio? B) If the correlation coefficient is 0.3, what is the standard deviation of this portfolio? Is risk reduced at these weights relative to the risk of the individual assets? Why

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