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Toyota has an expected return of 25%, and a variance of 0.013. Honda has an expected return of 16%, and a variance of 0.009. The

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Toyota has an expected return of 25%, and a variance of 0.013. Honda has an expected return of 16%, and a variance of 0.009. The covariance between Toyota and Honda is 0.06. Using these data, calculate the variance of a portfolio consisting of 50% Toyota and 50% Honda

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