What are the variance and expected return of an equally weighted portfolio of all five securities?
| Security Returns |
| Return No. |
Sec1 |
Sec2 |
Sec3 |
Sec4 |
Sec5 |
| 1 |
0.027 |
-0.023 |
0.056 |
0.002 |
0.033 |
| 2 |
0.012 |
0 |
0.013 |
0.004 |
0.017 |
| 3 |
-0.022 |
-0.01 |
-0.015 |
0.002 |
-0.045 |
| 4 |
0.013 |
0.034 |
0.015 |
0.01 |
0.008 |
| 5 |
-0.011 |
-0.023 |
0.012 |
-0.029 |
-0.019 |
| 6 |
-0.033 |
-0.061 |
-0.035 |
-0.022 |
-0.024 |
| 7 |
0.029 |
0.026 |
0.002 |
0 |
-0.001 |
| 8 |
0.055 |
0.045 |
0.047 |
0.02 |
0.056 |