PLEASE ROUND TO 2 DECIMALS & SHOW WORK THANK YOU

AVERAGES

	sp500	A	B
Average	-0.0069	0.0018	0.0015

covariance matrix:

	Sp500	A	B
Sp500	0.00336
A	0.00322	0.0041
B	0.0044	0.00514	0.00824

1.) Using the covariance matrix from question 7, calculate the variance of the portfolio formed by 40% in the SP500 and 60% in A.

2.) Using the covariance matrix from question 7, calculate the variance of a portfolio formed by 30% in A and 70% in B.