Question: The expected return on MSFT next year is 12% with a standard deviation of 20%. The expected return on AAPL next year is 24% with

The expected return on MSFT next year is 12% with a standard deviation of 20%. The expected return on AAPL next year is 24% with a standard deviation of 30%. If James makes equal investments in MSFT and AAPL, what is the expected return on his portfolio. Multiple Choice 20% 25% 18% 16%

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