Use the Table for the Question(s)below

question 122

Essay

Use the table for the question(s)below.
Consider the following covariances between securities:
-What is the variance on a portfolio that has $3000 invested in Duke Energy,$4000 invested in Microsoft,and $3000 invested in Wal-Mart stock?

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Definitions:

Means-Tested Program

A government program designed to provide assistance to individuals or families whose income falls below a certain level, ensuring those who need financial help receive it.

Food Stamp Program

A government assistance program that provides low-income households with funds to purchase food, aiming to ensure nutritional standards are met.

Medical Costs

Expenses incurred for medical treatments, procedures, and examinations.

U.S. Government

The federal government of the United States, a constitutional republic comprising three branches: executive, legislative, and judicial.