Use the Table for the Question(s)below

question 38

Multiple Choice

Use the table for the question(s) below.
Consider the following returns:
-The variance on a portfolio that is made up of equal investments in Stock X and Stock Y is closest to:

• A)0.13.
• B)0.10.
• C)0.69.
• D)0.29.

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Definitions:

Federal Income Tax

A tax levied by the IRS on the annual earnings of individuals, corporations, trusts, and other legal entities.

Quarterly Returns

Financial reports generated every three months by companies to provide insights into their financial health, performance, and operational activities.

Pay Schedule

A list showing how often an employee is paid, such as weekly, biweekly, or monthly.

Voluntary Deductions

Optional financial contributions that an employee elects to have withheld from their paycheck, such as for retirement plans or charitable donations.