Question: The table below contains the average returns, standard deviation of returns and correlation of returns with US index for different countries. All data are in

The table below contains the average returns, standard deviation of returns andThe table below contains the average returns, standard deviation of returns and correlation of returns with US index for different countries. All data are in US dollar terms. The US T-Bill rate is 3%. Determine which of these countries are suitable for a US based investor to diversifv into. Show the necessarv calculations

US T-Bill Rate \% 3

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