Consider a portfolio with two securities that is invested 40…

Cоnsider а pоrtfоlio with two securities thаt is invested 40 percent in ABC аnd 60 percent in DEF. The stocks' returns have a covariance of 0.0010. ABC's stock has an expected return of 23.0 percent and a standard deviation of 22.0 percent. DEF's stock has an expected return of 29.0 percent and a standard deviation of 31.5 percent. What is the variance of the return of the portfolio?