Question
A portfolio is invested 15 percent in Stock G, 55 percent in Stock J, and 30 percent in Stock K. The expected returns on these
A portfolio is invested 15 percent in Stock G, 55 percent in Stock J, and 30 percent in Stock K. The expected returns on these stocks are 5 percent, 20 percent, and 24 percent, respectively. What is the portfolio's expected return?
A. 19.71%
B. 19.90%
C. 18%
D. 18.95%
E. 13.07%
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The Handbook Of Municipal Bonds
Authors: Frank J. Fabozzi, Sylvan G. Feldstein
1st Edition
0470108754, 9780470108758
