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You are given the following information concerning three portfolios, the market portfolio, and the risk - free asset: Assume that the correlation of returns on
You are given the following information concerning three portfolios, the market portfolio, and the
riskfree asset:
Assume that the correlation of returns on Portfolio to returns on the market is What
percentage of Portfolio Ys return is driven by the market?
Note: Enter your answer as a decimal not a percentage. Round your answer to decimal places.
squared
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