Expected rate of return for an investment

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The expected rate of return for an investment in a cell phone company is 24%, and the standard deviation is 9%. Anter investment opportunity, however, offers a 30% expected rate of return with a standard deviation of 15%. Which of the following statements is LEASR likely?

both assets may have a 15% return

both assets may have a 25% return

both assets may have a 30% return

both assets may have a 45% return

Reference no: EM131333425

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