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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 0.33 1.00 Nestl 0.42 0.35 1.00 LVMH 0.36 0.20 0.15 1.00 BHP Billiton Siemens Nestl LVMH Toronto Dominion Bank Samsung BP Standard deviation (%) Toronto Dominion Bank 0.20 0.14 0.16 0.16 1.00 Samsung 0.36 0.32 0.08 0.30 -0.01 1.00 0.14 -0.12 0.16 0.04 0.01 0.02 1.00 30.60 35.10 27.90 21.80 30.40 24.70 35.50 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 0.33 1.00 Nestl 0.42 0.35 1.00 LVMH 0.36 0.20 0.15 1.00 BHP Billiton Siemens Nestl LVMH Toronto Dominion Bank Samsung BP Standard deviation (%) Toronto Dominion Bank 0.20 0.14 0.16 0.16 1.00 Samsung 0.36 0.32 0.08 0.30 -0.01 1.00 0.14 -0.12 0.16 0.04 0.01 0.02 1.00 30.60 35.10 27.90 21.80 30.40 24.70 35.50 Portfolio variance

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