A Portfolio Is Made Up of 75% of Share 1

question 8

Essay

A portfolio is made up of 75% of share 1, and 25% of share 2.Share 1 has a variance of .08, and share 2 has a variance of .035.The covariance between the shares is -.001.Calculate both the variance and the standard deviation of the portfolio.

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Definitions:

Newfies

A colloquial and sometimes derogatory term for people from the Canadian province of Newfoundland and Labrador.

Jewish Community

A group of people who identify with or practice Judaism, sharing religious, cultural, and often historical ties.

First Nations

Indigenous peoples in Canada who are neither Inuit nor Métis, often associated with specific historical communities or territories.

Multicultural Nation

A country that recognizes, incorporates, and celebrates cultural diversity among its citizens.