Question
You are holding a portfolio of 100 shares of type I firms that are affected only by firm-specific risks. Each stock's return has a
You are holding a portfolio of 100 shares of type I firms that are affected only by firm-specific risks. Each stock's return has a volatility of 20%. What is the volatility of your portfolio's average return?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
11th edition
978-1111530266
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