Question
Why would a portfolio's variance be equal to the weighted average of the variances of the assets in the portfolio only when the portfolio's asset's
Why would a portfolio's variance be equal to the weighted average of the variances of the assets in the portfolio only when the portfolio's asset's returns are perfectly positively correlated?
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Valuation, Measuring And Managing The Value Of Companies
Authors: Tim Koller, Marc Goedhart, David Wessels
7th Edition
1119611865, 9781119611868
