What is the dear of the aggregate portfolio

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Liam, risk manager for Choice Bank, is estimating the aggregate DEAR of the bank's portfolio of assets consisting of Seven-year zero-coupon bonds (B), foreign currencies (FX), and ordinary shares (EQ) The individual DEARs are $10 770, $9 320 and $33 000, respectively. If the correlation coefficients are presented in the following table.

What is the DEAR of the aggregate portfolio?

Reference no: EM133004135

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