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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

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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 each stock. (Use decimals, not percents, in your calculations. Do not round intermediate calculations. Round your answer to 4 decimal places.) BHP Billiton Siemens 1.00 0.31 1.00 Nestl 0.36 0.28 1.00 LVMH 0.40 0.14 0.07 1.00 BHP Billiton Siemens Nestl LVMH Toronto Dominion Bank Samsung BP Standard deviation (%) Toronto Dominion Bank 0.14 0.14 0.08 0.35 1.00 Samsung 0.40 0.32 0.00 0.53 0.12 1.00 BP 0.14 -0.10 0.08 -0.09 -0.12 -0.11 1.00 47.40 27.00 38.80 49.80 25.30 19.00 39.50 Portfolio variance 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.) BHP Billiton Siemens 1.00 0.31 1.00 Nestl 0.36 0.28 1.00 LVMH 0.40 0.14 0.07 1.00 BHP Billiton Siemens Nestl LVMH Toronto Dominion Bank Samsung BP Standard deviation (%) Toronto Dominion Bank 0.14 0.14 0.08 0.35 1.00 Samsung 0.40 0.32 0.00 0.53 0.12 1.00 BP 0.14 -0.10 0.08 -0.09 -0.12 -0.11 1.00 47.40 27.00 38.80 49.80 25.30 19.00 39.50 Portfolio variance

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