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The table below shows standard deviations and correlation coefficients for eight 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 eight 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 6 decimal places.) Flot Korea BHP Chrysler Heineken Electric Nasi Sony Motors BHP 1.00 2642 240 12 BP 26 1.00 34 17 12 33 49 17 Fiat 42 34 1.00 09 10 0236 07 Holnoken 40 17 09 1.00 25 52 29 34 Korea Electric 17 1210 251.00 - 26 26 05 Nestle 40 33 02 52 -- 26 1.00 27 00 Sony 12 49 36 29 26 27 1.00 11 Tata Motors 34 17 07 34 05 00 10 Standard deviation (%) 27 80 37 10 51.06 26.04 35.83 17.70 5284 100 V Portfolio variance

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