You are planning to invest in two companies, Apple and Lenzing with the follo...
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You are planning to invest in two companies, Apple and Lenzing with the following characteristics:
Company | Apple | Lenzing |
Expected return (in % p.a.) | 15 | 10 |
Standard deviation (in % p.a.) | 20 | 15 |
Correlation (Apple, Lenzing) | 0.1 |
Task: Calculate the %-fraction of Apple in the minimum variance portfolio (MVP). Provide your solution in % with 2 decimal places (like, e.g., 7.12 (English TUWEL version) or 7,12 (German TUWEL version)), without %-sign.
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