Using the data from Table 12.3

, what is the volatility of an equally weighted portfolio of McDonalds and Starbucks stock?

(Round to one decimal place.)

Preview File Edit View Go Tools Window Help 111 2 Tue May 3 7:33 PM - Do Homework - Homework #10.pdf 1 page Qy Search Using the browser's print will lead to an undesirable print-out. Use the Print item from the "Question Help" menu to get a be TABLE 12.3 Estimated Annual Volatilities and Correlations for Selected Stocks (Based on Monthly Returns, January 2009 December 2018) Microsoft 22% Starbucks 20% Netflix 62% Coca-Cola 13% McDonald's 13% Cisco 24% Boeing 23% 0.29 Standard Deviation Microsoft Starbucks Netflix Coca-Cola McDonald's Cisco Boeing 1 0.29 0.23 0.32 0.33 0.52 0.31 1 0.05 0.30 0.23 0.05 1 -0.04 0.00 0.10 0.19 0.32 0.30 -0.04 1 0.53 0.11 0.30 0.33 0.40 0.00 0.53 0.52 0.36 0.10 0.11 0.22 1 0.43 0.31 0.21 0.19 0.30 0.24 0.43 0.40 0.36 0.21 1 0.22 0.24 1 Source: Authors' calculations based on data from Yahoo Finance. View Tell me Share Comments the vole A 08