Question: What would be the portfolio standard deviation if the two investments as below had a correlation coefficient ( rij ) of -0.98? ( Report a
What would be the portfolio standard deviation if the two investments as below had a correlation coefficient (rij) of -0.98? (Report a number and keep 4 decimal places. e.g. report 0.1501 instead of 15.01%.)
Xi = 0.4,std=2.32
Xj = 0.6,std= 3.1
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
