Consider the following covariances between securities: Duke Microsoft Walmart Duke 0.0568 0.0193 0.0037...
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Finance
Consider the following covariances between securities:
Duke Microsoft Walmart
Duke 0.0568 0.0193 0.0037
Microsoft 0.0193 0.2420 0.1277
Walmart 0.0037 0.1277 0.1413
The variance on a portfolio that is made up of a $1,170 investments in Duke and a $3,798 investment in Walmart stock is ________.
(Please write your answer as a number, with three decimal place. e.g. write "0.1234" as "0.123")
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