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Using the CML, the standard deviation of the portfolio is 40.8%, the risk-free rate is 0.96%, the market's standard deviation is 23.05%, the expected market
Using the CML, the standard deviation of the portfolio is 40.8%, the risk-free rate is 0.96%, the market's standard deviation is 23.05%, the expected market return is 9.48%. Calculate the expected portfolio return to 2 decimal places in % (12.24 for 12.24%).
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