Question
Exp Port Return Consider the returns on Judes portfolio, comprised of 45% in Fund Garden and 55% in Fund Heaven? State of Economy Probability of
Exp Port Return Consider the returns on Judes portfolio, comprised of 45% in Fund Garden and 55% in Fund Heaven?
| State of Economy | Probability of State of Economy | Returns if State Occurs | |
|
|
| Fund Garden | Fund Heaven |
| Boom | 36% | 21% | 13% |
| Normal | 64% | 13% | 5% |
What is the expected return for Judes portfolio?
| A. | 8.60% | |
| B. | 11.50% | |
| C. | 16.60% | |
| D. | 17.0% |
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
