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Samira just inherited a portfolio valued at $100,000 from her grandmother. The portfolio consists of two stocks: the first stock is worth $56,000 has an
Samira just inherited a portfolio valued at $100,000 from her grandmother.
The portfolio consists of two stocks: the first stock is worth $56,000 has an expected rate of return of 0.3 and a standard deviation of 0.05. The second stock has an expected rate of return of 0.11 and a standard deviation of 0.05
What is the portfolio's expected rate of return?
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