Question: please solve without excel Consider the following information on Stocks A, B, C and their returns (in decimals) in each state: State B Prob. of
Consider the following information on Stocks A, B, C and their returns (in decimals) in each state: State B Prob. of State 20% Boom 0.19 Good 0.28 0.14 45% 0.11 0.19 0.06 0.04 -0.01 Poor 25% 0.02 0.01 Bust 10% -0.09 -0.04 If your portfolio is invested 25% in A, 40% in B, and 35% in C, what is the standard deviation of the portfolio in percent? Answer to two decimals, carry intermediate calcs. to at least four decimals
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