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You hold a portfolio containing three stocks, with information as below. CORRELATION Matrix: The variance of this portfolio is closest to: (Hint: use Excel MMULT

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You hold a portfolio containing three stocks, with information as below. CORRELATION Matrix: The variance of this portfolio is closest to: (Hint: use Excel MMULT function to calculate the portfolio variance): Select one: a. .23 b. insufficient information C. .03 d. .08 e. .65

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