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The stock of Bruin, Incorporated, has an expected return of 19 percent and a standard deviation of 34 percent. The stock of Widcat Company has

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The stock of Bruin, Incorporated, has an expected return of 19 percent and a standard deviation of 34 percent. The stock of Widcat Company has an expected return of 14 percent and a standard deviation of 49 percent. The correlation between the two stocks is 0.40 . Calculate the expected return and standard deviation of the minimum variance portfolio. Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places

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