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What is the variance of the following portfolio: The bond fund has a mean return of 0.006 and a variance of 0.03^2. The stock fund
What is the variance of the following portfolio: The bond fund has a mean return of 0.006 and a variance of 0.03^2. The stock fund has a mean of 0.009 and a variance of 0.06^2. The money market account has a mean of 0.002 and a variance that is approximately zero. The stock and bond funds have a correlation of 0.1. 20% of the portfolio is in bonds, 70% is in stocks, and 10% in cash.
A- 0.0059
B- 0.0043
C- 0.0019
D- 0.00072
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