Question
An investor invests $200 in HighTech, Inc., $300 in LowTech, Inc., and $500 in NoTech Corporation. The expected returns for the companies are 18.0%, 13.5%,
An investor invests $200 in HighTech, Inc., $300 in LowTech, Inc., and $500 in NoTech Corporation. The expected returns for the companies are 18.0%, 13.5%, and 7.5%, respectively. What is the expected return of the portfolio?
Answer choices -
A. 11.4%
B. 13.0%
C. 13.5%
D. 9.5%
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Financial Management
Authors: Rob Quail, Ricardo J. Rodriguez
2nd Edition
1557868441, 9781557868442
