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There is a portfolio consisting of 4 equally-weighted stocks A, B, C, and D. Suppose the variances of the stocks' returns are all 10%, and

There is a portfolio consisting of 4 equally-weighted stocks A, B, C, and D. Suppose the variances of the stocks' returns are all 10%, and the covariance between any two of the stocks is 3%. What is the variance of the portfolio's return?

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