Question: a. Below is given the standard deviation and correlation information on three listed companies, Agro, Harmony Silver and BASMiller. Agro Harmony Silver BASMiller Standard Deviation

a. Below is given the standard deviation and correlation information on

a. Below is given the standard deviation and correlation information on three listed companies, Agro, Harmony Silver and BASMiller. Agro Harmony Silver BASMiller Standard Deviation (%) Agro 1 -0.20 0.50 29 Harmony Silver 1 0.40 21 BASMiller 1 23 If a portfolio is made up of 30 per cent of Agro, 40 per cent of Harmony Silver and 30 per cent of BASMiller, estimate the portfolio's standard deviation. [6 marks]

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