Question
If you invest 60 %of your money in the stock of Alphabet Inc. (GOOG) with a variance of 4.7219% and the rest in the stock
If you invest 60 %of your money in the stock of Alphabet Inc. (GOOG) with a variance of 4.7219% and the rest in the stock of Johnson & Johnson (JNJ) with a variance of 2.8056%. The correlation coefficient between the returns on GOOG and JNJ is 0.32. What will be the standard deviation on this portfolio?
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International Financial Management
Authors: Jeff Madura
2nd Edition
0314430296, 978-0314430298
