Suppose you have a portfolio of three stocks: S, S and S3 with the co- 0.25...

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Suppose you have a portfolio of three stocks: S₁, S₂ and S3 with the co- 0.25 0 0 0 0.01 -0.004 Assume 0 -0.004 0.04 that you want your portfolio to be uncorrelated to market movement and and the ßs to market for S₁, S₂ and S3 are 0.1, 0.2 and 0.3 respectively. If you have $ 100,000, how would you allocate such that your portfolio has minimum variance and with beta to market being 0 (i.e., not sensitive to market movement)? variance matrix of returns being Σ = Suppose you have a portfolio of three stocks: S₁, S₂ and S3 with the co- 0.25 0 0 0 0.01 -0.004 Assume 0 -0.004 0.04 that you want your portfolio to be uncorrelated to market movement and and the ßs to market for S₁, S₂ and S3 are 0.1, 0.2 and 0.3 respectively. If you have $ 100,000, how would you allocate such that your portfolio has minimum variance and with beta to market being 0 (i.e., not sensitive to market movement)? variance matrix of returns being Σ =