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You are considering to diversify your portfolio by looking to invest in the following: Expected Return Std. Deviation United States 24.0% 10.80% New Zealand 9.86%

You are considering to diversify your portfolio by looking to invest in the following: Expected Return Std. Deviation United States 24.0% 10.80% New Zealand 9.86% 12.05% Correlation 0.17 What is the standard deviation of portfolio returns consisting of 60% US and 40% New Zealand?

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