In my finance homework assignment I have been given a variance-covariance matrix with the expected means, and constraints: the sum of the shares in each stock equal 1 and at least a 6.5% return on the portfolio. My book gives the equation in order to solve for the GMVP, but Excel keeps giving me an error. Am I supposed to use the solver or something similar? Thanks!
Global Minimum Variance Portfolio (GMVP) on Excel?
- Thread starter karen
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