Question
An investor puts 45% of his money into a risky asset offering a 12% return with a standard deviation of returns of 9%, and the
An investor puts 45% of his money into a risky asset offering a 12% return with a standard deviation of returns of 9%, and the balance of his funds in a risk-free asset offering 6%. What is the expected return of his portfolio?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
