Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 01, 2024

Fremont Enterprises has an expected return of 12% and Laurelhurst News has an expected return of 24%. If you put 42% of your portfolio in

Fremont Enterprises has an expected return of 12% and Laurelhurst News has an expected return of 24%. If you put 42% of your portfolio in Laurelhurst and 58% in Fremont, what is the expected return of your portfolio?

The expected return on the portfolio is ____%. (Rounded to two decimal places.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance

Authors: Harvey S Rosen, Ted Gayer

9th International Edition

0071267883, 9780071267885

More Books

Students also viewed these Finance questions

Question

★★★★★

For each of the following, indicate whether the expected relationship between the two variables will be positive (+), negative (-), or zero (0): ______a. Air temperature and the amount of snow on the...

Answered: 1 week ago

Question

★★★★★

Plot the point whose polar coordinates are given. Then find the Cartesian coordinates of the point. (a) x = 1 (b) (2, - 2/3) (c) (-2, 3/4)

Answered: 1 week ago

Question

★★★★★

6.9 a. Find a z o that has area 0.9505 to its left b. Find a z o that has area 0.05 to its left

Answered: 1 week ago

Question

★★★★★

The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Instructions (a) Determine the fixed- and variable-cost...

Answered: 1 week ago

Question

★★★★★

Which of the following costs is not related to a batch-related activity? Compliance costs. Material handling. Machine setups. Shipping costs.

Answered: 1 week ago

Question

★★★★★

Sales Office process : Fabien Ltd is a manufacturer of bespoke products for the building industry and domestic customers. Sales customers place orders either by phone directly to the sales office or...

Answered: 1 week ago

Question

★★★★★

Total cash available $64.000 Less cash disbursements For inventory $47,850 For expenses 13,300 For equipment 1,500 Total cash disbursements 62,650 Excess (deficiency) of cash $1,350 Financing: Etc....

Answered: 1 week ago

Question

★★★★★

Review the annual reports of PepsiCo and Amazon, two of the largest publicly traded firms in America. Compute and compare the accounts receivable turnover ratios and the average collection period in...

Answered: 1 week ago

Question

★★★★★

a) Explain how changes in the film industry led to blockbuster movies becoming more limited creatively and oriented to making money [worth 5 marks] b) Then explain how changes in industry practices...

Answered: 1 week ago

Question

★★★★★

Nike not renewing franchise agreements in Russia Reporting by Reuters; Editing by Simon Cameron-Moore and Tomasz Janowski 25 May 2022, Reuters U.S. sportswear maker Nike has not renewed agreements...

Answered: 1 week ago

Question

★★★★★

Question 1 Title: Evaluate/Asses Ford South Africa Motor Company's Corporate Social Investment Strategy/Plan over the last 5 years. Who were the beneficiaries? How did they benefit? How successful...

Answered: 1 week ago

Question

★★★★★

4. Give an example of how the consistency principle can be used to influence others.

Answered: 1 week ago

Question

★★★★★

6. Give an example of how the liking principle can be used to influence others.

Answered: 1 week ago

Question

★★★★★

5. Give an example of how the consensus principle can be used to influence others.

Answered: 1 week ago

Previous Question Next Question