need to calculate this derivative with respect to p, but having trouble. All symbols other than p are constants. thanks.
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Hey skyd171. Can you show us what you have tried?
Bottom line looks good.
$\displaystyle V'(p) = 2 \left(\rho \sigma _x \sigma _y-\sigma _y^2\right)+2 p \left(\sigma _x^2-2 \rho \sigma _x \sigma _y+\sigma _y^2\right)$
i think this solution is incorrect as there is only 1 rho in the problem but you have two in the solution. also i have to minimize this eq. is my answer truly correct?
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