Answered step by step
Verified Expert Solution
Question
1 Approved Answer
An investor puts 42.00% of his investment into Cisco Systems, and the remaining 58.00% into Apple Computer. The standard deviation on Cisco Systems stock is
An investor puts 42.00% of his investment into Cisco Systems, and the remaining 58.00% into Apple Computer. The standard deviation on Cisco Systems stock is 39.00%, while the standard deviation on Apple Computer is 28.00%. Find the standard deviation of this portfolio if the correlation between the two stocks is 0.49
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started