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Suppose there are two investment funds, say X and Y , where X is a risky investment with an expected rate of return of 9%

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Suppose there are two investment funds, say X and Y , where X is a risky investment with an expected rate of return of 9% with a standard deviation of 18%, and Y is less risky with an expected rate of return of 5% with a standard deviation of 8%. These funds are negatively correlated with correlation coefficient Pxy = -0.4. For 0 St

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