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Portfolio Risk and Return Logan's portfolio consists of $700 in Stock 1 and $1100 in Stock 2. Historically Stock 1 has had an average return

image text in transcribed Portfolio Risk and Return Logan's portfolio consists of $700 in Stock 1 and $1100 in Stock 2. Historically Stock 1 has had an average return of 18% annually with a standard deviation of 38%. Historically Stock 2 has an average return of 9% annually with a standard deviation of 17%. The correlation between the 2 stocks has been 0.22 . a) What is the expected return (based on historical averages) of Logan's portfolio? b) What is the standard deviation of Logan's portfolio

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