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A portfolio is constructed by investing equally into 4 stocks. The average variance of the returns of the stocks in the portfolio is 0.104. The

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A portfolio is constructed by investing equally into 4 stocks. The average variance of the returns of the stocks in the portfolio is 0.104. The average off all covariances between distinct pairs of stocks in the portfolio is equal to 0.057. Find the volatility of the portfolio. 0.2779 0.2307 0.2465 0.2622 0.2937

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