Exhibit 71
Use the Information Below for the Following Problem(S)

question 11

Multiple Choice

Exhibit 7.1
Use the Information Below for the Following Problem(S)
$\begin{array}{cc}\text { Asset }(A) & \text { Asset }(B) \\\hline\left(R_{A}\right) =10 \% & E\left(R_{B}\right) =15 \% \\\left(\sigma_{A}\right) =8 \% & \left(\sigma_{B}\right) =9.5 \% \\W_{A}=0.25 & W_{B}=0.75 \\&\text { CoV }_{A}=0.006\end{array}$

-Refer to Exhibit 7.1.What is the standard deviation of this portfolio?

• A) 8.79%
• B) 13.75%
• C) 12.5%
• D) 7.72%
• E) 5.64%

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Definitions:

American Civil Liberties Union

Organization founded during World War Ⅰ to protest the suppression of freedom of expression in wartime; played a major role in court cases that achieved judicial recognition of Americans’ civil liberties.

Individual Rights

Fundamental freedoms entitled to every person, often protected by law and constitutions, emphasizing personal liberties and autonomy.

World War I

World War I, also known as the First World War or the Great War, was a global conflict that took place from 1914 to 1918, principally fought between the Allies and the Central Powers, marked by trench warfare and the extensive use of new military technologies.

Prohibition

The legal prevention of the manufacture, sale, and transportation of alcoholic beverages in the United States from 1920 to 1933 under the 18th Amendment.