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Suppose you invest 20% of your portfolio in Campbell Soup and 80% in Boeing.The expected dollar return on your Campbell Soup stock is 3.1% and
Suppose you invest 20% of your portfolio in Campbell Soup and 80% in Boeing.The expected dollar return on your Campbell Soup stock is 3.1% and on Boeing is 9.5%. The standard deviations of their annualized daily returns are 15.8% and 23.7%, respectively. Assume a correlation coefficient of 1, calculate the portfolio expected rate of return.
Group of answer choices
19.22%
15.42%
8.22%
None of the above
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