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solve on paper please A portfolio is constructed by investing equally into several stocks. The average variance of the returns of the stocks in the
solve on paper please
A portfolio is constructed by investing equally into several stocks. The average variance of the returns of the stocks in the portfolio is 0.124. The average of all covariances between distinct pairs of stocks in the portfolio is equal to 0.046. The volatility of the portfolio is equal to 23.61%. Determine the number of stocks in the portfolioStep by Step Solution
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