Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please answer fast The expected return on MSFT next year is 12% with a standard deviation of 20%. The expected returm on AAPL next vear
please answer fast
The expected return on MSFT next year is 12% with a standard deviation of 20%. The expected returm on AAPL next vear is 24% with a standard deviation of 30%. The corelation between the two stocks is .6. if james makes equal investments in MSFT and AAPL, what is the expected retum on his portfolio.
a. 21.45%
b. 4.60%
c. 25.00%
d. 15.00%
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