Lyn create her investment portfolio last year, and he predict the market return and risk-free rate for the coming year would be 12% and 4%, respectively:

Asset	Cost	Beta at purchase	Yearly income	Value today
X	$28,000	0.8	$1,500	$28,000
Y	$22,000	1.5	--	$26,000

Which of the following is true?

Select one:

a.

This portfolio earned a return less than the expected market return.

b.

This portfolio earned a return greater than the expected market return.

c.

This portfolio is less risky than the market.

d.

Asset Y was not a good investment because it did not provide yearly income.

e.

None of the above.