Question: The table below shows standard deviations and correlation coefficients for seven stocks from different countries. Calculate the variance of a portfolio with equal investments in

The table below shows standard deviations and correlation coefficients for seven stocks from different countries. Calculate the variance of a portfolio with equal investments in each stock. (Use decimals, not percents, in your calculations. Do not round intermediate calculations. Round your answer to 4 decimal places.)
BHP Billiton Siemens Nestl LVMH Toronto Dominion Bank Samsung BP
BHP Billiton 1.000.320.420.360.220.360.19
Siemens 1.000.330.220.190.360.09
Nestl1.000.120.130.050.13
LVMH 1.000.300.480.04
Toronto Dominion Bank 1.000.070.07
Samsung 1.000.06
BP 1.00
Standard deviation (%)22.0033.8044.8020.3014.0034.5042.40

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