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Consider an economy with two types of firms,S and I.S firms always move together,but I firms move independently of each other.For both types of firm there is a 70% probability that the firm will have a 20% return and a 30% probability that the firm will have a -30% return.
-The standard deviation for the return on an portfolio of 20 type I firms is closest to:
Walking Upright
Refers to the ability of humans and their ancestors to move by standing on two feet and using the legs for locomotion, distinguishing them from quadrupedal animals.
Large Brains
Refers to species, including humans, that have brains larger than would be expected based on their body size, often associated with higher levels of cognitive function.
Notochord
A flexible rod-shaped body found in the embryonic stage of all chordates that provides skeletal support.
Longitudinal
Pertaining to research or studies that follow the same subjects over a period of time to observe changes.
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