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8 X It is not enough just to write the final numbe A B C D E 7. Table 79 shows standard deviations and correlation

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8 X It is not enough just to write the final numbe A B C D E 7. Table 79 shows standard deviations and correlation coefficients for eight stocks from differ- ent countries. Calculate the variance of a portfolio with equal investments in each stock. Correlation coefficients Canadian Deutsche BP Pacific Bank Tata Fiat Heineken LVMH Nestle Motors BP 1 0.19 0.23 0.20 0.34 0.30 Canadian 0.16 0.09 Pacific 1 0.43 031 0.39 Deutsche 0.34 0.17 1 0.74 0.73 Fat 0.49 0.68 1 0.66 Han 0.64 0.47 0.53 1 LVH 0.64 0.51 0.50 1 0.52 0.60 5 0.43 1 Standard Deviation 22.2% 0.40 23.9 0.73 29.2 35.7 18.9 208 154 43.0 It is not enough just to write the final number, I want to see the formulas for each of the steps of the whole calculation

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