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OLga [1]
2 years ago
6

A client asks you to create a minimum variance portfolio from two funds, A and B. Fund A has an expected return of 7% and a stan

dard deviation of 13%. Fund B has an expected return of 8% and a standard deviation of 17%. The correlation between the returns of funds A and B is 0.17. What is the percentage of the total portfolio you should recommend to invest in fund A to obtain the minimum variance portfolio
Business
1 answer:
Lera25 [3.4K]2 years ago
7 0

Answer:

hope this helps b or a

Explanation:

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Answer:

$101,904.6

Explanation:

The computation of the cost of goods sold using the average cost method is shown below:

Beginnig Inventory 285 at $157 = $44,745

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Total cost = $170,735

Now  

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Now  

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And, finally

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= $101,904.6

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