Question
The expected return of a portfolio is the weighted average of the expected returns of the securities in the portfolio why isn't the portfolio standard
The expected return of a portfolio is the weighted average of the expected returns of the securities in the portfolio why isn't the portfolio standard deviation the weighted average of the individual security standard deviations?
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Managerial Accounting An Introduction to Concepts Methods and Uses
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
10th Edition
1111822239, 324639767, 9781111822231, 978-0324639766
