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What is the variance of the returns on a portfolio that is invested 15 percent in stock Q and 85 percent in stock R? State
What is the variance of the returns on a portfolio that is invested 15 percent in stock Q and 85 percent in stock R?
State of Economy | Probability | Rate if State Occurs | |
---|---|---|---|
Stock Q | Stock R | ||
Boom | 60% | 22% | 15% |
Normal | 40% | 4% | 11% |
Variance =
(list your answer out to 6 decimal places)
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