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Honda has an expected return of 20 %, and a variance of 0.010 . Toyota has an expected return of 15 %, and a variance

Honda has an expected return of 20%, and a variance of 0.010. Toyota has an expected return of 15%, and a variance of 0.008. The covariance between Honda and Toyota is 0.06. Using these data, calculate the variance of a portfolio consisting of 20% Honda and 80% Toyota.

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