The table below shows standard deviations and correlation coefficients for eight 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 5 decimal places.)

The table below shows standard deviations and correlation coefficients for eight 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 5 decimal places.) Fiat Korea Tata BHP BP Chrysler Heineken Electric Nestl Sony Motors 37 20 05 36 .21 28 BHP BP Fiat Heineken Korea Electric Nestl Sony Tata Motors Standard deviation (%) 39 37 1.00 07 08 43 19 12 08 .28 1.00 05 05 .21 43 30 1.00 12 28 1.00 39 43 19 43 12 37 37 07 1.00 28 46 02 36 28.04 46 05 1.00 04 34 02 05 04 1.00 18 30 20 29.80 39.10 53.06 34 05 18 1.00 37.83 19.70 54.84 49.11 Portfolio variance The table below shows standard deviations and correlation coefficients for eight 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 5 decimal places.) Fiat Korea Tata BHP BP Chrysler Heineken Electric Nestl Sony Motors 37 20 05 36 .21 28 BHP BP Fiat Heineken Korea Electric Nestl Sony Tata Motors Standard deviation (%) 39 37 1.00 07 08 43 19 12 08 .28 1.00 05 05 .21 43 30 1.00 12 28 1.00 39 43 19 43 12 37 37 07 1.00 28 46 02 36 28.04 46 05 1.00 04 34 02 05 04 1.00 18 30 20 29.80 39.10 53.06 34 05 18 1.00 37.83 19.70 54.84 49.11 Portfolio variance