Question
A portfolio invests into Buzz's Bauxite Boring Equity, which expected return is 16%, and Zum's Inc. bonds, which return expected is 8%. Sixty percent of
A portfolio invests into Buzz's Bauxite Boring Equity, which expected return is 16%, and Zum's Inc. bonds, which return expected is 8%. Sixty percent of the funds are invested in Buzz's and the rest in Zum's. What is the expected return on the portfolio?
Multiple Choice
24.1%.
12.8%.
9.6%.
6.4%.
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The Business Of Personal Finance
Authors: Joseph Calandro Jr, John Hoffmire
1st Edition
1032104562, 978-1032104560
