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A portfolio consists 40% of a risk-free asset and 60% of a stock. The risk-free return is 6%. The stock has an expected return of
A portfolio consists 40% of a risk-free asset and 60% of a stock. The risk-free return is 6%. The stock has an expected return of 20% and a standard deviation of 30%. Whats the expected return on the portfolio?
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Financial Markets And Institutions
Authors: Jeff Madura
13th Edition
0357130790, 978-0357130797
