Explaination of Q 120 in CFA Mock-2 is wrong.
They have multiplied Cov with Std Dev of two variables (if the Cov of 2 variables is given, it doesnt need to be multiplied with std dev of 2 variables) while calculating the Variance of portfolio.
This is scary...i hope they dont do such mistakes while grading the exams....
They have multiplied Cov with Std Dev of two variables (if the Cov of 2 variables is given, it doesnt need to be multiplied with std dev of 2 variables) while calculating the Variance of portfolio.
This is scary...i hope they dont do such mistakes while grading the exams....