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Using the following information, please calculate the return of an international portfolio. Assume that a portfolio is 6 5 % invested in U . S

Using the following information, please calculate the return of an international portfolio. Assume that a portfolio is 65% invested in U.S. stock and 35% in Chinese stock (a =0.65). Annualized expected returns are 9% and 21% for the US and China stocks, respectively. USA =13.5%; CHINA =21.3%; rUSA,CHINA=0.25(Correlations)

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