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Marc Anthony Inc, is a US firm that plans to invest in a new project in either the United States or in France. Once the

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Marc Anthony Inc, is a US firm that plans to invest in a new project in either the United States or in France. Once the project is completed, it will make up 30% of the total funds invested in both the existing operations of Marc Anthony and of the new project. Therefore, 70% will be invested in its US core business. Following is some key data of Marc Anthony's current operations and proposed project: Since the returns of the project are the same for both USA and France locations, management of Marc Anthony, Inc. wish to minimize risk with respect to the overall operations of the company Calculate the portfolio variance for Marc Anthony with operations in USA and project is USA and then calcuate the portfolio variance for Marc Anthony with operations in USA and project in France. Which project lowers the risk of the company overall

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