Which of the following formulas is INCORRECT?
A) Variance of an Equally Weighted Portfolio = (1 - ) (Average Variance of Individual Stocks) +
(Average Covariance Between the Stocks)
B) Variance of a portfolio =
Cov(
,
)
C) Variance of a portfolio =
Cov(
,
)
D) Variance of a portfolio =
Cov(
,
)
Correct Answer:
Verified
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