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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