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You have $10,700 to invest. You decide to invest $17,000 in Google and short sell $6,300 worth of Yahoo! Google's expected return is 14% with

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You have $10,700 to invest. You decide to invest $17,000 in Google and short sell $6,300 worth of Yahoo! Google's expected return is 14% with a volatility of 32% and Yahoo!'s expected return is 12% with a volatility of 27%. The stocks have a correlation of 0.87 What is the expected return and volatility of the portfolio? The expected return is %. (Round to one decimal place.) The volatility is %. (Round to one decimal place.)

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