Question: Using the data from Table 12.3 E , what is the volatility of an equally weighted portfolio of Netflix and Starbucks stock? The volatility of

Using the data from Table 12.3 E , what is the volatility of an equally weighted portfolio of Netflix and Starbucks stock? The volatility of the portfolio is %. (Round to one decimal place.) Data Table TABLE 12.3 Estimated Annual Volatilities and Correlations for Selected Stocks (Based on Monthly Returns, January 2009December 2018) Coca-Cola Standard Deviation Microsoft 22% Starbucks 20% Netflix 62% McDonald's 13% Cisco 24% Boeing 23% 13% Microsoft 1 0.29 0.23 0.32 0.33 0.52 0.31 Starbucks 0.29 1 0.05 0.30 0.40 0.36 0.21 Netflix 0.23 0.05 1 -0.04 0.00 0.10 0.19 Enter your answ Coca-Cola 0.32 0.30 -0.04 1 0.53 0.11 0.30 McDonald's 0.33 0.40 0.00 0.53 1 0.22 0.24 Cisco 0.52 0.36 0.10 0.11 0.22 1 0.43
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