Question
Currently, the risk-free return is 3 percent, and the expected market rate of return is 13 percent. What is the expected return of the following
Currently, the risk-free return is 3 percent, and the expected market rate of return is 13 percent. What is the expected return of the following three-stock portfolio? Do not round intermediate calculations. Round your answer to two decimal places.
| Investment | Beta | |
| $ | 300,000 | 1.0 |
| 150,000 | 0.3 | |
| 550,000 | 2.9 | |
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Options Futures And Other Derivatives
Authors: John C. Hull
4th Edition
0130224448, 9780130224446
