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The expected return on the market is 11.5 percent with a standard deviation of 13 percent and the risk-free rate is 4 percent. Which of

The expected return on the market is 11.5 percent with a standard deviation of 13 percent and the risk-free rate is 4 percent. Which of the following portfolios are undervalued?

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Portfolio 2 4 Expected Return 9% 10% 15% 18% Standard Deviation 7% 15% 20% 24%

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