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Question 11 7 pts The expected rate of return on the first bond fund is lower than the expected rate of return on the second

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Question 11 7 pts The expected rate of return on the first bond fund is lower than the expected rate of return on the second bond fund. Therefore, you can increase the expected value of your portfolio by putting less into the first bond fund, and more into the second bond fund. You might think utility will increase because the variances of rates of return of the two assets are the same, so you'd be shifting toward a higher rate of return asset, and the higher rate of return asset does not have a larger variance. Suppose you put $1,000 into the first bond fund and $4,000 into the second bond fund. Now what is your level of utility? Integer 3 pts Question 12 Design and construction A project has a design phase and a construction phase. The random variable X is the number of months to complete the design stage. The random variable Y is the number of months to complete ability distribution of X and Y

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