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The following is the covariance matrix for AAPL and TSLA returns. What is the correlation coefficient of the two returns? We form a portfolio using
The following is the covariance matrix for AAPL and TSLA returns. What is the correlation coefficient of the two returns? We form a portfolio using Johnson \& Johnson (NYSE:JNJ), Pfizer (NYSE:PFE), and the risk-free asset. The weights are 0.4,0.4, and 0.2 respectively. Expected returns are 17%,25%, and 1% respectively. What is the expected return of the portfolio? 17.6% 17.0% 18.0% 18.3% Step by Step Solution
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Routledge Handbook Of Social And Sustainable Finance
Authors: Othmar M. Lehner
1st Edition
1138343773, 978-1138343771
