FirstBoston Midas Metals Portfolio 2017 -18.00% 26.00% 2018 32.00% -5.00% 2019 18.00% 3.00% 2020 1.00% 10.00% Returns on the stock of First Boston and Midas Metals for the years 2017-2020 are shown ABOVE. Compute the average annual return for a portfolio consisting of 50% First Boston and 50% Midas. Compute the standard deviation for the portfolio.

Fundamentals of Financial Management (MindTap Course List)
14th Edition
ISBN:9781285867977
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
Problem 22SP
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FirstBoston Midas Metals
Portfolio
2017
-18.00%
26.00%
2018
32.00%
-5.00%
2019
18.00%
3.00%
2020
1.00%
10.00%
Returns on the stock of First Boston and Midas Metals for the years 2017-2020 are shown ABOVE.
Compute the average annual return for a portfolio consisting of 50% First Boston and 50% Midas.
Compute the standard deviation for the portfolio.
Transcribed Image Text:FirstBoston Midas Metals Portfolio 2017 -18.00% 26.00% 2018 32.00% -5.00% 2019 18.00% 3.00% 2020 1.00% 10.00% Returns on the stock of First Boston and Midas Metals for the years 2017-2020 are shown ABOVE. Compute the average annual return for a portfolio consisting of 50% First Boston and 50% Midas. Compute the standard deviation for the portfolio.
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