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The expected return on Big time toys is 11% and its standard deviation is 21.4%. The expected return on Chemical industry is 8% and its

The expected return on Big time toys is 11% and its standard deviation is 21.4%. The expected return on Chemical industry is 8% and its standard deviation is 27%.

Suppose the correlation coefficient for the two stock's return is 0.77. What are the expect return and standard deviation of a portfolia with 50% invest in Big time toys and the rest in Chemical industry? Round to 2 decimal

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