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The portfolio manager for a domestic-only mutual fund collected the following data for asset classes in his eligible investment universe. Correlation Matrix Expected Standard
The portfolio manager for a domestic-only mutual fund collected the following data for asset classes in his eligible investment universe. Correlation Matrix Expected Standard Asset Class Equities Fixed Income Return Deviation Equities 9.0% 12.0% 1.00 0.50 Fixed Income 6.0% 7.0% 1.00 The standard deviation of a portfolio consisting of 60% equities and 40% fixed income is closest to: 9.2% 8.9% 9.5%
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Portfolio Management In Practice Volume 1
Authors: CFA Institute
1 Edition
1119743699, 978-1119743699
