Suppose the variance-covariance matrix of Stock A, Stock B, Stock C, and Stock D is given by: B C D A 0.2 0 O 0 B 0.2 0 0 C 0 O 0.2 0 D 0 0 0 0.2 a If we want to form a Global Minimum Variance Portfolio (GMVP) using all four stocks, what should the weight on Stock C? Please convert percentage to number (i.e. 10% -> 0.1) Answer: Suppose the variance-covariance matrix of Stock A, Stock B, Stock C, and Stock D is given by: B C D A 0.2 0 O 0 B 0.2 0 0 C 0 O 0.2 0 D 0 0 0 0.2 a If we want to form a Global Minimum Variance Portfolio (GMVP) using all four stocks, what should the weight on Stock C? Please convert percentage to number (i.e. 10% -> 0.1)