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Suppose that there exist two securities (X and Y) with an annual expected return equal to rx = 8% and ry = 5% and a

Suppose that there exist two securities (X and Y) with an annual expected return equal to rx = 8% and ry = 5% and a standard deviation equal to x = 9% and y= 6%, respectively. The correlation coefficient between the returns of these securities is = -0.8

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