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The correlation coefficient is 0.7 Security X has expected return of 12% and standard deviation of 20%. Security Y has expected return of 15% and

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The correlation coefficient is 0.7
Security X has expected return of 12% and standard deviation of 20%. Security Y has expected return of 15% and standard deviation of 27%. The two securities have a correlationcoefficient tly in a portfolio composed of 35% of X and 65% of Y, what is a.) the expected return and b.) the standard deviation of the portfolio? 9. (14%)

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