What is the volatility of a portfolio that is comprised of a weight of 38.2% in...
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What is the volatility of a portfolio that is comprised of a weight of 38.2% in Stock X and the remainder in Stock Y? Assume that the volatility of Stock X is 0.147, the volatility of Stock Y is 0.217, and the covariance between Stock X and Stock Y is 0.0051. Note: When inputting your solution, make sure to express your answer as a decimal and not a percentage. For example, a volatility of 1% should be input as 0.01, a volatility of 10% should be input as 0.10, and a volatility of 123% should be input as 1.23. Answer to at least four decimal places. What is the volatility of a portfolio that is comprised of a weight of 38.2% in Stock X and the remainder in Stock Y? Assume that the volatility of Stock X is 0.147, the volatility of Stock Y is 0.217, and the covariance between Stock X and Stock Y is 0.0051. Note: When inputting your solution, make sure to express your answer as a decimal and not a percentage. For example, a volatility of 1% should be input as 0.01, a volatility of 10% should be input as 0.10, and a volatility of 123% should be input as 1.23. Answer to at least four decimal places.
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