Incorrect Question 3 0/7 pts Consider the following expected returns, volatilities, and correlations: Stock Duke Energy Microsoft Wal-Mart Expected Standard Correlation with Correlation with Correlation with Return Deviation Duke Energy Microsoft Wal-Mart 14% 6% 1.0 -1.0 0.0 44% 24% -1.0 1.0 0.7 23% 14% 0.0 0.7 1.0 The expected return of a portfolio that consists of a long position of $10,000 invested in Microsoft and a short position of $5,000 in Duke Energy is closest to: 74% 102% 24.67% 34%