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Time left 1:18:59 You have invested $90,000 in a share portfolio that has a return of 11.5% and a standard deviation of 15%. You are

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Time left 1:18:59 You have invested $90,000 in a share portfolio that has a return of 11.5% and a standard deviation of 15%. You are now considering investing $10,000 in a microfinance asset and adding this asset to your portfolio. The microfinance asset has a return of 23.25%, a standard deviation of 32% and the covariance between your share portfolio and the microfinance asset is - 0.10. Calculate the return, variance and standard deviation of the new portfolio. Show all calculations. (Show answer as a percentage, correct to 3 decimal places.) 10 marks B ANY US X X2

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