Covariance between gm and ford

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The minimum variance portfolio of GM and Ford consists of 2/3 invested in GM and 1/3 invested in Ford. The expected return on GM is 10% and its variance 0.003. The expected return on Ford is 15%. The risk-free rate is 5%. If the covariance between GM and Ford is zero, what is the variance of Ford?

Reference no: EM133111673

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