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Richard has two investment opportunities. He can invest in The Sunglasses Company or The Umbrella Company. If he diversifies his investment by putting 50% of

image text in transcribed Richard has two investment opportunities. He can invest in The Sunglasses Company or The Umbrella Company. If he diversifies his investment by putting 50% of his money into each company, what is the expected return and standard deviation of his portfolio? The expected return for the portfolio is 18.00% and the standard deviation 2%. The expected return for the portfolio is 18.50% and the standard deviation 0.50%. The expected return for the portfolio is 18.50% and the standard deviation 14%. The expected return for the portfolio is 18.50% and the standard deviation 0.00%

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