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You have $10,600 to invest. You decide to invest $24,000 in Google and short sell $13,400 worth of Yahoo! Google's expected return is 15% with

You have $10,600 to invest. You decide to invest $24,000 in Google and short sell $13,400 worth of Yahoo! Google's expected return is 15% with a volatility of 26% and Yahoo!'s expected return is 11% with a volatility of 29%. The stocks have a correlation of 0.91. What is the expected return and volatility of the portfolio?

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