What standard deviation of brett portfolio

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Brett has invested one-third of his funds in Share 1 and two-thirds of his funds in Share 2. His assessment of each investment is as follows:

Item                          Share1         Share2

Expended return (%)    15.0          21.0
Standard deviation(%)  18.0            25.0
Correlation between the
returns 0.5

Problem 1: What are the expected return and standard deviation of Brett's portfolio?

Reference no: EM132763168

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