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Assume that inter-affiliate cash flows are uncorrelated with one another. Calculate the standard deviation of the portfolio of cash held by the centralized depository for

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Assume that inter-affiliate cash flows are uncorrelated with one another. Calculate the standard deviation of the portfolio of cash held by the centralized depository for the following affiliate members: e Affiliat Expected Standard Transactio Deviatio n n U.S. $100,000 $40,000 Canada S150,000 $50,000 Mexico $175,000 $30,000 Chile $200,000 $76,000

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