Assume that stock market returns do not resemble a single-index structure. An investment fund analyzes 100...
Assume that stock market returns do not resemble a single-index structure. An investment fund analyzes 100 stocks in order to construct a mean-variance efficient portfolio constrained by 100 investments. They will need to calculate ____________ covariances.
Multiple Choice
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4,950
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100
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45
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10,000
Homework Answers
Answer:
Solution
Covariance= (n2-n)/2
=(1002-100)/2
=(10000-100)/2
=4950
Answer ; 4950
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