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The table below shows standard deviations and correlation coefficients for seven stocks from different countries. Calculate the variance of a portfolio with equal investments in
The table below shows standard deviations and correlation coefficients for seven stocks from different countries. Calculate the variance of a portfolio with equal investments in each stock. (Use decimals, not percents, in your calculations. Do not round intermediate calculations. Round your answer to 4 decimal places.) Portfolio Varience:?
BHP Billiton | Siemens | Nestl | LVMH | Toronto Dominion Bank | Samsung | BP | |||||||||
BHP Billiton | 1.00 | 0.28 | 0.37 | 0.40 | 0.16 | 0.40 | 0.14 | ||||||||
Siemens | 1.00 | 0.34 | 0.16 | 0.14 | 0.31 | 0.12 | |||||||||
Nestl | 1.00 | 0.09 | 0.10 | 0.02 | 0.10 | ||||||||||
LVMH | 1.00 | 0.33 | 0.51 | 0.07 | |||||||||||
Toronto Dominion Bank | 1.00 | 0.10 | 0.10 | ||||||||||||
Samsung | 1.00 | 0.09 | |||||||||||||
BP | 1.00 | ||||||||||||||
Standard deviation (%) | 25.00 | 36.80 | 47.80 | 23.30 | 17.00 | 37.50 | 45.40 | ||||||||
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