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Use the Table for the Question(s)below

question 3

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Use the table for the question(s) below.
Consider the following covariances between securities:
Use the table for the question(s) below. Consider the following covariances between securities:    -Which of the following formulas is INCORRECT? A) Variance of an equally Weighted Portfolio = (1 -   ) (Average Variance of Individual Stocks) +   (Average covariance between the stocks)  B) Variance of a portfolio =   C) Variance of a portfolio =   D) Variance of a portfolio =
-Which of the following formulas is INCORRECT?

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