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Using the data from Table 12.3 , what is the volatility of an equally weighted portfolio of Coca-Cola and Starbucks stock? The volatility of the

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Using the data from Table 12.3 , what is the volatility of an equally weighted portfolio of Coca-Cola and Starbucks stock? The volatility of the portfolio is %. (Round to one decimal place.) - X Data table TABLE 12.3 Estimated Annual Volatilities and Correlations for Selected Stocks (Based on Monthly Returns, January 2009 December 2018) Coca-Cola 13% McDonald's 13% Cisco 24% Boeing 23% Standard Microsoft Starbucks Netflix Deviation 22% 20% 62% Microsoft 1 0.29 0.23 Starbucks 0.29 1 0.05 Netflix 0.23 0.05 1 Coca-Cola 0.32 0.30 -0.04 McDonald's 0.33 0.40 0.00 Cisco 0.52 0.36 0.10 Boeing 0.31 0.21 0.19 Source: Authors' calculations based on data from Yahoo Finance. 0.52 0.36 0.10 0.32 0.30 -0.04 1 0.53 0.11 0.30 0.33 0.40 0.00 0.53 0.31 0.21 0.19 0.30 0.24 0.43 1 0.11 0.22 1 0.43 1 0.22 0.24 Print Done

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