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*Stocks B, C and D have the following return statistics: B=13.6%,C=5.4%,D=11.7%B=22%,C=32%,D=22%BC=0.80,BD=0.62,CD=0.81 The risk-free rate is 1.1%. What is the expected excess return of a portfolio
*Stocks B, C and D have the following return statistics: B=13.6%,C=5.4%,D=11.7%B=22%,C=32%,D=22%BC=0.80,BD=0.62,CD=0.81 The risk-free rate is 1.1%. What is the expected excess return of a portfolio that is 32% invested in Stock B, 38% invested in Stock C, and the remainder in Stock D? Give your answer in percentage to the closest basis point
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