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In the formula for calculating the variance of an N-stock portfolio, how many covariance and variance terms are there?
Lessor
The party who owns a property or asset and leases it out to another party, known as the lessee, under a lease agreement.
Express Warranty
An explicit guarantee made by the seller regarding the quality, condition, or performance of a product.
Formal Words
Specific language required or recognized by law to create a binding agreement or to perform a legal act.
Guarantee
A formal assurance or promise, often in writing, that certain conditions will be fulfilled, including the quality or durability of a product or the completion of an obligation.
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