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QUESTION 4 In the case of a portfolio consisting of 14 stocks, the formula for portfolio variance contains how many unique covariance terms? =

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QUESTION 4 In the case of a portfolio consisting of 14 stocks, the formula for portfolio variance contains how many unique covariance terms? = (Hint: This is a challenging question. Keep in mind that 1,202, 1, and therefore only counts as one unique covariance term.)

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