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Suppose that the expected return of the market portfolio is 11.4% with a variance of 0.0458. The risk-free rate is 4.4%. What is the expected

Suppose that the expected return of the market portfolio is 11.4% with a variance of 0.0458.

The risk-free rate is 4.4%.

What is the expected return on a well-diversified portfolio with a standard deviation of 8.4%?

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