Solved

A Stock Portfolio Consists of Two Stocks X and Y

Question 17

Multiple Choice

A stock portfolio consists of two stocks X and Y.Their daily closing prices are independent random variables with standard deviations σX = 2.51 and σY = 5.22.What is the standard deviation of the sum of the closing prices of these two stocks?


A) 33.55
B) 6.48
C) 7.73
D) 5.79

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions