What Is the Variance of the Returns on a Portfolio

question 56

Multiple Choice

What is the variance of the returns on a portfolio comprised of $5,400 of stock G and $6,600 of stock H?

• A).000709
• B).000848
• C).001475
• D).001554
• E).001568

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Definitions:

Job Order Production

A production process used for making custom or specialized products in limited quantities upon receipt of a specific order.

Custom Jewelry

Jewelry made to a customer's specific requirements and preferences.

Job Costing System

An accounting system that tracks costs individually for each job, suitable for companies that produce unique products or jobs.

Direct Materials

Raw materials that are directly traced and are integral to the production of finished goods.