Warren Buffett, is given the following information on two stocks, Barrick-Gold and Franco-Nevada. Covariance...
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Warren Buffett, is given the following information on two stocks, Barrick-Gold and Franco-Nevada. Covariance between the two stocks = 0.0325 Standard Deviation of Barrick-Gold's returns = 0.25 Standard Deviation of Franco-Nevada's returns = 0.13 Assuming that Warren must construct a portfolio using only these two stocks, which of the following combinations will result in the minimum variance portfolio
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