The problem with Markowitz’s model is that a number of covariance have to be estimated. forexample for a portfolio of 30 stocks, the covariance that to be estimated are

The problem with Markowitz’s model is that a number of covariance ha

1.	The problem with Markowitz’s model is that a number of covariance have to be estimated. forexample for a portfolio of 30 stocks, the covariance that to be estimated are
A.	300
B.	350
C.	435
D.	450
Answer» D. 450