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Wilkin's Drug Company has an expected return of 0.56 and a standard deviation of 0.25 on its stock. The stock of Karen Company has an
Wilkin's Drug Company has an expected return of 0.56 and a standard deviation of 0.25 on its stock. The stock of Karen Company has an expected return of 0.16 and a standard deviation of 0.40. The correlation coefficient between the two stock's return is 0.2. If a portfolio consists of 40% of Wilkin's Drug Company and 60% of Karen Company, what's the expected return of the portfolio
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