$\%$

$($c$)$ What is the expected return $($as a percent$)$ for a portfolio composed of $50\%$ invested in the investment$-$grade bond fund and $50\%$ invested in the real$-$estate fund?

$\%$

$\%$

Which portfolio would be most appropriate for a conservative investor?

portfolio that invests $60\%$ in the stock index fund and $40\%$ in the investment$-$grade bond fund

portfolio that invests $50\%$ in the investment$-$grade bond fund and $50\%$ in the real$-$estate fund

portfolio that invests $40\%$ in the stock index fund and $60\%$ in the investment$-$grade bond fund

portfolio that invests $50\%$ in the stock index fund and $50\%$ in the real$-$estate fundWhich portfolio would be most appropriate for an aggressive investor who wants the highest possible returns?

portfolio that invests $60\%$ in the stock index fund and $40\%$ in the investment$-$grade bond fund

portfolio that invests $50\%$ in the investment$-$grade bond fund and $50\%$ in the real$-$estate fund

portfolio that invests $40\%$ in the stock index fund and $60\%$ in the investment$-$grade bond fund

portfolio that invests $50\%$ in the stock index fund and $50\%$ in the real$-$estate fund$\%$

$($c$)$ What is the expected return $($as a percent$)$ for a portfolio composed of $50\%$ invested in the investment$-$grade bond fund and $50\%$ invested in the real$-$estate fund?

$\%$

$\%$

Which portfolio would be most appropriate for a conservative investor?

portfolio that invests $60\%$ in the stock index fund and $40\%$ in the investment$-$grade bond fund

portfolio that invests $50\%$ in the investment$-$grade bond fund and $50\%$ in the real$-$estate fund

portfolio that invests $40\%$ in the stock index fund and $60\%$ in the investment$-$grade bond fund

portfolio that invests $50\%$ in the stock index fund and $50\%$ in the real$-$estate fund