Calculate covariance between two securities of a portfolio

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Problem 1: Calculate the covariance between the two securities of a portfolio that has 44% in stock X (with a standard deviation of 8.2% and an expected return of 12.1%) and 56% in stock Y (with a standard deviation of 14.3% and an expected return of 15.1%). The portfolio standard deviation is 8%. %. The covariance between the two stock X and stock Y is

Note: Please retain at least 4 decimal places in your calculations and at least 2 decimal places in your final answer.

Reference no: EM132966189

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