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There are three thousand risky assets, and all of them have the same volatility of 40%. On average, the correlation between these assets equals 0.25.
There are three thousand risky assets, and all of them have the same volatility of 40%. On average, the correlation between these assets equals 0.25. What is the volatility of an equally weighted portfolio constructed using these three thousand assets? Group of answer choices 20% 15% 25% 10%
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