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Valerie is building a portfolio with 84% weight in the firm Bennett's Babbling Bicycles, Co., and the rest in the risk-free asset. If the stock
Valerie is building a portfolio with 84% weight in the firm Bennett's Babbling Bicycles, Co., and the rest in the risk-free asset. If the stock returns have standard deviation of 64.73%, what is the variance of the portfolio?
Select one:
a.
0.2821
b.
0.2961
c.
0.2956
d.
insufficient information to determine
e.
0.5437
f.
0.2686
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