Exhibit 73
Use the Information Below for the Following Problem(S)

question 56

Multiple Choice

Exhibit 7.3
Use the Information Below for the Following Problem(S)
$$\begin{array} { c c } A sset (A) & \text { A sset (B) } \\\hline \left( R _ { A } \right) = 9 \% & E \left( R _ { B } \right) = 11 \% \\\left( \sigma _ { A } \right) = 4 \% & \left( \sigma _ { B } \right) = 6 \% \\W _ { A } = 0 .4 & W _ { B } = 0 .6 \\C O V _ { A , B } = 0 .0011\end{array}$$

-Refer to Exhibit 7.3.What is the standard deviation of this portfolio?

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Definitions:

Cultural System

A complex whole comprising beliefs, practices, values, customs, and social behaviors that define a society or a community.

Economic System

A structured and organized way in which a society decides on the distribution of resources, goods, and services.

Social System

A structure of interrelated institutions, organizations, and patterns of interactions that defines a society.

Presidential Democracy

A system of government where a president serves as the head of state and head of government, often in a system separate from the legislative branch.