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41. You own a portfolio consisting of the securities shown below. The expected return for the next year is also provided. What is the expected
41. You own a portfolio consisting of the securities shown below. The expected return for the next year is also provided. What is the expected return on the portfolio?
Number | Price | Expected | |
Stock | of shares | per share | return |
J | 400 | 63 | .09 |
K | 200 | 13 | .11 |
L | 800 | 38 | -.12 |
M | 300 | 24 | .05 |
A. -1.12 percent B. 1.34 percent C. 1.42 percent D. 1.46 percent E. 1.53 percent
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