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QUESTION 3 Use the table for the question(s) below. Consider the following covariances between securities: Duke Microsoft Walmart Duke 0.0568 -0.0193 0.0037 Microsoft Walmart -0.0193

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QUESTION 3 Use the table for the question(s) below. Consider the following covariances between securities: Duke Microsoft Walmart Duke 0.0568 -0.0193 0.0037 Microsoft Walmart -0.0193 0.0037 0.2420 0.1277 0.1277 0.1413 The variance on a portfolio that is made up of equal investments in Duke Energy and Microsoft stock is closest to: O .149. .065. 0.090. -0.020

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