Question
Consider the following covariances between securities: Duke Microsoft Wal-Mart Duke 0.0568 -0.0193 0.0037 Microsoft -0.0193 0.2420 0.1277 Wal-Mart 0.0037 0.1277 0.1413 The variance on a
Consider the following covariances between securities:
Duke | Microsoft | Wal-Mart | |
Duke | 0.0568 | -0.0193 | 0.0037 |
Microsoft | -0.0193 | 0.2420 | 0.1277 |
Wal-Mart | 0.0037 | 0.1277 | 0.1413 |
The variance on a portfolio that is made up of equal investments in Duke Energy and Microsoft stock is closest to?
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
