Question
Consider the following information concerning three portfolios, the market portfolio, and the risk-free asset: Portfolio R P P P X 14.0 % 31 % 1.35
| Consider the following information concerning three portfolios, the market portfolio, and the risk-free asset: |
| Portfolio | RP | P | P | ||
| X | 14.0 | % | 31 | % | 1.35 |
| Y | 13.0 | 26 | 1.10 | ||
| Z | 7.0 | 14 | .75 | ||
| Market | 10.2 | 19 | 1.00 | ||
| Risk-free | 6.0 | 0 | 0 | ||
| Assume that the correlation of returns on Portfolio Y to returns on the market is .62. What is the percentage of Portfolio Ys return that is driven by the market? (Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) |
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Essentials Of Health Care Finance
Authors: William O. Cleverley, James O. Cleverley
8th Edition
1284094634, 978-1284094633
