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Business, 22.04.2020 02:31 lorenacollazo

You are presently invested in the Luther Fund, a broad-based mutual fund that invests in stocks and other securities. The Luther Fund has an expected return of 14% and a volatility of 15%. Risk-free Treasury bills are currently offering returns of 6%. You are considering adding a precious metals fund to your current portfolio. The metals fund has an expected return of 10%, a volatility of 20%, and a correlation of -.40 with the Luther Fund. Will adding the precious metals fund improve your portfolio

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