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A person is interested in constructing a portfolio. Two stocks are being considered. Let x = percent return for an investment in stock 1 ,
A person is interested in constructing a portfolio. Two stocks are being considered. Let x percent return for an investment in stock and y percent return for an investment in stock The expected return and standard deviation for stock are and The expected return and standard deviation for stock are and The correlation between these two stocks is
Calculate the covariance between stock and stock
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