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:

U.S. Debt

The total amount of money that the United States federal government owes to creditors, both domestic and international.

Government Spending

Expenses incurred by the government in the pursuit of its objectives, including spending on infrastructure, education, defense, and social services.

GDP

Gross Domestic Product; the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.

Canada

A country in North America known for its vast landscapes, multicultural communities, and as a member of the Commonwealth.