Question: please answer with formula You are forming a portfolio comprised by WMT and PEP each stock held in equal weights. Considering below information, what is
please answer with formula
You are forming a portfolio comprised by WMT and PEP each stock held in equal weights. Considering below information, what is the expected risk of this portfolio? Variance of WMT: 0.013 Variance of PEP: 0.008 Covariance of WMT and PEP: 0.014 Hint: Risk=Standard Deviation Please round to the nearest two decimals
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