Question
An investor puts 48.00% of his investment into Cisco Systems, and the remaining 52.00% into Apple Computer. The standard deviation on Cisco Systems stock is
An investor puts 48.00% of his investment into Cisco Systems, and the remaining 52.00% into Apple Computer. The standard deviation on Cisco Systems stock is 34.00%, while the standard deviation on Apple Computer is 29.00%. Find the standard deviation of this portfolio if the correlation between the two stocks is 0.68.
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
7th Edition
0357442040, 978-0357442043
