Multiple Choice
Assume that stock market returns do not resemble a single-index structure. An investment fund analyzes 150 stocks in order to construct a mean-variance efficient portfolio constrained by 150 investments. They will need to calculate ____________ covariances.
A) 12
B) 150
C) 22,500
D) 11,175
Correct Answer:
Verified
Correct Answer:
Verified
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