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The risk-free rate is 3 percent. The Market Portfolio's expected return and standard deviation are 12 percent and 18 percent respectively. If an investor invests

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The risk-free rate is 3 percent. The Market Portfolio's expected return and standard deviation are 12 percent and 18 percent respectively. If an investor invests one third of her portfolio in the risk-free security the other two thirds in the Market Portfolio, what is the standard deviation of her portfolio? O 17 percent 13 percent O 12 percent 0 11.5 percent

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