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QQ Fund invests in S&P500 companies and simulates a market portfolio. The expected return of QQ is 15%, with a standard deviation of 10%. Suppose
QQ Fund invests in S&P500 companies and simulates a market portfolio. The expected return of QQ is 15%, with a standard deviation of 10%. Suppose you are able to borrow $10,000 at the riskless rate of 9%, and you already have $10,000 of your own money. If you invest this $20,000 in QQ Fund, what is the probability that you will have a return greater than 30% on your own money?
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