Question
Portfolio X has 60 assets. Using the double summation formula to calculate the variance of Portfolio X requires adding up 60 terms containing variances and
Portfolio X has 60 assets. Using the double summation formula to calculate the variance of Portfolio X requires adding up 60 terms containing variances and _____ terms containing covariances. Count every occurrence of a covariance term, even if it appears more than once.
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Investments An Introduction
Authors: Herbert B. Mayo
13th Edition
0357127951, 978-0357127957
