Question
A portfolio comprises 100 shares of Quicksand Mining Co. ($130 per share) and 200 shares of Bad Bet Bond Fund ($32.50 per share). The expected
A portfolio comprises 100 shares of Quicksand Mining Co. ($130 per share) and 200 shares of Bad Bet Bond Fund ($32.50 per share). The expected return on Quicks & Mining Co.s shares is 60% and the expected return on Bad Bet Bond Funds shares is 30%, what is the expected return for the portfolio?
| A. | 50.00% | |
| B. | 45.00% | |
| C. | 42.50% | |
| D. | 40.00% |
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Finance for Non Financial Managers
Authors: Pierre Bergeron
7th edition
176530835, 978-0176530839
