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Your investment portfolio consists of $10,000 worth of ASR Ltds shares which has an expected return of 14% and a standard deviation of 35%. Assume

Your investment portfolio consists of $10,000 worth of ASR Ltds shares which has an expected return of 14% and a standard deviation of 35%. Assume that the riskfree rate is 4%, the market portfolios expected return is 12%, and the market portfolios standard deviation is 18%. Calculate the standard deviation of an alternative efficient portfolio that has the same expected return as ASR Ltd.

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