Question
A fund manager allocates 60% of the managed money to stocks and 40% to bonds. The variances of the fund, stock and bond returns are
A fund manager allocates 60% of the managed money to stocks and 40% to bonds. The variances of the fund, stock and bond returns are 8%, 20% and 10% respectively. What is the correlation between stock and bond returns?
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Healthcare Finance Modern Financial Analysis For Accelerating Biomedical Innovation
Authors: Andrew W. Lo, Shomesh E. Chaudhuri
1st Edition
0691183821, 978-0691183824
