If you randomly select 10 stocks for portfolio first and 20, Financial Management

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If you randomly select 10 stocks for portfolio first and 20

1. You deposit $5000 into an account earning 10% annually. If interest is compounded monthly, how much is in your account in 5 years?

2. Comment on the following statement:

If you randomly select 10 stocks for portfolio FIRST and 20 stocks for portfolio SECOND, portfolio SECOND will have a higher standard deviation because stocks are volatile.

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Financial Management: If you randomly select 10 stocks for portfolio first and 20

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