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Consider the following covariances between securities: Duke 0.0568 -0.0193 Microsoft -0.0193 Duke Microsoft Wal-Mart Wal-Mart 0.0037 0.1277 0.1413 0.2420 0.1277 0.0037 The variance on a
Consider the following covariances between securities: Duke 0.0568 -0.0193 Microsoft -0.0193 Duke Microsoft Wal-Mart Wal-Mart 0.0037 0.1277 0.1413 0.2420 0.1277 0.0037 The variance on a portfolio that is made up of a $6,000 investment in Microsoft stock and a $4,000 investment in Wal-Mart stock is closest to
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