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Suppose you invest in an equally weighted portfolio and all assets have the same variance of 900 and the same correlation of 0.4. Calculate the

Suppose you invest in an equally weighted portfolio and all assets have the same variance of 900 and the same correlation of 0.4. Calculate the portfolio standard deviation for an equally weighted portfolio with 2, 20 or an infinite number of assets included. Suppose the maximum portfolio standard deviation you would accept is 20.45, how many assets do you have to include in your equally weighted portfolio

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