Question
Returns on stocks X and Y are listed below: Period 1 2 3 4 5 6 7 Stock X -5% 4% 3% 9% 1% -3%
Returns on stocks X and Y are listed below:
| Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Stock X | -5% | 4% | 3% | 9% | 1% | -3% | 4% |
| Stock Y | 12% | 7% | -3% | -2% | 4% | 6% | -1% |
Consider a portfolio of 60% stock X and 40% stock Y.
What is the mean of portfolio returns?
Please specify your answer in decimal terms and round your answer to the nearest thousandth (e.g., enter 12.3 percent as 0.123).
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Accounting For Investments Equities Futures And Options Volume 1
Authors: R. Venkata Subramani
1st Edition
047082431X, 978-0470824313
