The variance of BMI, Inc. is estimated to be 0.0158, while the variance of QBU,...

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Finance

The variance of BMI, Inc. is estimated to be 0.0158, while the variance of QBU, Inc. is estimated to be 0.0242. The covariance between BMI and QBU is estimated to be 0.0069. What is the variance of a two stock portfolio if 0.53 of your money is placed in BMI, and 0.47 of your money is placed in QBU. Portfolio Variance =

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