You are equally investing in two assets. The first asset is a portfolio with an expected return
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You are equally investing in two assets. The first asset is a portfolio with an expected return of 12 percent and a standard deviation of returns of 20 percent. The second is the risk-free asset with an interest rate of 2 percent. What is the expected return of the resulting portfolio? Explain
Related Book For
Corporate Finance
ISBN: 9781265533199
13th International Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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