Use the Table for the Question(s)below

question 48

Essay

Use the table for the question(s)below.
Consider the following covariances between securities:
-What is the variance on a portfolio that has $2000 invested in Duke Energy,$3000 invested in Microsoft,and $5000 invested in Wal-Mart stock?

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Definitions:

Solid South

A term used to describe the electoral support of the Southern United States for Democratic Party candidates from the end of Reconstruction until the mid-20th century.

Single-Member-District

An electoral district that is represented by one official in a legislative body, typically determined by a majority or plurality of votes.

Running Mates

The candidate for the secondary position (typically for vice president) chosen by the primary candidate (typically for president) in American elections.

Proportion of Votes

The percentage of total votes cast that is received by a candidate, party, or proposition in an election.