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A portfolio consists of two shares: X and Y. Variance of returns for share X is 0,4 and for share Y is 0,5. Covariance of

A portfolio consists of two shares: X and Y. Variance of returns for share X is 0,4 and for share Y is 0,5. Covariance of returns between X and Y is (-0,08). Calculate the proportion of share Y in the portfolio necessary to build a minimum-variance portfolio consisting only of these two shares. Describe what does minimum-variance portfolio means from the point of view of Markowitz theory

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