CH12) 1. Using the data from Table 12.3, what is the volatility of an equally weighted portfolio of Microsoft and CocaCola stock?

The volatility of the portfolio is ____% ?

Estimated Annual Volatilities and Correlations for Selected Stocks (Based on Monthly Returns, January 2006-December 2015) Standard Deviation Microsoft StarbuckS Netflix Coca-Cola McDonald's Cisco Boein Boeing 26% 0.28 0.48 0.10 0.34 0.37 0.46 Microsoft 25% Starbucks 29% 0.35 Netflix 61% 0.18 0.19 Coca-Cola McDonald's 0.35 0.18 0.40 0.43 0.52 0.28 0.19 0.23 0.17 0.52 0.48 16% 0.40 0.23 0.00 14% 0.43 0.17 0.13 0.59 Cisco 28% 0.52 0.52 0.10 0.27 0.28 0.00 0.13 0.10 0.10 0.59 0.27 0.34 0.28 0.37 0.46