Question
An investor has a $200,000 portfolio of which $120,000 has been invested in Stock A and the remainder in Stock B. Other characteristics of the
An investor has a $200,000 portfolio of which $120,000 has been invested in Stock A and the remainder in Stock B. Other characteristics of the portfolio are shown in the accompanying table.
Stock AStock BE(RA) =A= 8.4%E(RB) =B= 6.5%A= 11.82%B= 7.19%Cov(RA,RB) =AB= 17.10%The expected return of the portfolio is ________.
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Statistical Techniques in Business and Economics
Authors: Douglas A. Lind, William G Marchal
17th edition
1259666360, 978-1259666360
