Question
Assuming that the expected rates of return are 8.3% and 5.5% respectively for A and B and you invest $3,000 in A and $2,000 in
Assuming that the expected rates of return are 8.3% and 5.5% respectively for A and B and you invest $3,000 in A and $2,000 in B. What is the expected rate of return on the portfolio of stock A and B?
| a. | 7.2% | |
| b. | 9.2% | |
| c. | 8.2% | |
| d. | 6.2% |
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Accounting
Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie
11th Edition
9780730382737, 9780730382737
