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Use the table for the question below. Consider the following covariances between securities: Dell Apple HP Dell 0.0468 -0.0193 0.0037 Apple -0.0193 0.2620 0.1277 HP

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Use the table for the question below. Consider the following covariances between securities: Dell Apple HP Dell 0.0468 -0.0193 0.0037 Apple -0.0193 0.2620 0.1277 HP 0.0037 0.1277 0.1333 12) The variance on a portfolio that is made up of equal investments in Dell and Apple stock is closest to: 0.0650 0.0676 0.7544 -0.020

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