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Question 3 (5 Marks) Consider the following covariances between stock RBA and stock SAL: RBA SAL RBA 0.484 0.255 SAL 0.255 0.283 Calculate the variance
Question 3 (5 Marks) Consider the following covariances between stock RBA and stock SAL: RBA SAL RBA 0.484 0.255 SAL 0.255 0.283 Calculate the variance on a portfolio that is made up of a $48,000 investment in stock RBA and a $32,000 investment in stock SAL. Show all your calculations. Question 3 (5 Marks) Consider the following covariances between stock RBA and stock SAL: RBA SAL RBA 0.484 0.255 SAL 0.255 0.283 Calculate the variance on a portfolio that is made up of a $48,000 investment in stock RBA and a $32,000 investment in stock SAL. Show all your calculations
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