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Suppose you consider investing in Cartman, Inc. and Garrison Enterprises. The correlation between the two stocks is 0.5 and the risk-free rate is 2%. expected

Suppose you consider investing in Cartman, Inc. and Garrison Enterprises. The correlation between the two stocks is 0.5 and the risk-free rate is 2%.

expected return standard deviation
cartman 12% 20%
garrison 17% 30%

Write down the variance-covariance matrix

Find the minimum variance portfolio

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