Question
Consider the following covariances between securities: DukeMicrosoftWal-Mart Duke0.0568-0.01930.0037 Microsoft-0.01930.24200.1277 Wal-Mart0.00370.12770.1413 The variance on a portfolio that is made up of equal investments in Duke Energy
Consider the following covariances between securities:
DukeMicrosoftWal-Mart
Duke0.0568-0.01930.0037
Microsoft-0.01930.24200.1277
Wal-Mart0.00370.12770.1413
The variance on a portfolio that is made up of equal investments in Duke Energy and Microsoft stock is closest to:
- 0.065
- 0.149
- 0.09
- -0.02
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Succeeding in Business with Microsoft Excel 2013 A Problem Solving Approach
Authors: Debra Gross, Frank Akaiwa, Karleen Nordquist
1st edition
978-1285099149, 9781285963969, 1285099141, 1285963962, 978-1285715346
