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The investor decides to diversify by investing $7,000 in Gryphon stock and $10,000 in Royal stock, which has an expected return of 9.5% and a

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The investor decides to diversify by investing $7,000 in Gryphon stock and $10,000 in Royal stock, which has an expected return of 9.5% and a standard deviation of 5.1%. The correlation coefficient for the two stocks' returns is 0.9. Calculate the expected return and standard deviation of the portfolio. Round your answers to 2 decimal places. Enter your answers below. E(rp) = Number The investor decides to diversify by investing $7,000 in Gryphon stock and $10,000 in Royal stock, which has an expected return of 9.5% and a standard deviation of 5.1%. The correlation coefficient for the two stocks' returns is 0.9. Calculate the expected return and standard deviation of the portfolio. Round your answers to 2 decimal places. Enter your answers below. E(rp) = Number

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