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 1.000.280.410.450.170.450.19
Siemens 1.000.370.170.190.320.10
Nestl1.000.130.140.060.14
LVMH 1.000.290.470.03
Toronto Dominion Bank 1.000.060.06
Samsung 1.000.05
BP 1.00
Standard deviation (%)37.1029.9023.8032.4026.7037.5032.60

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