Question
The return on the risky portfolio is 18%. The risk-free rate, as well as the investor's borrowing rate, is 10%. The standard deviation of return
The return on the risky portfolio is 18%. The risk-free rate, as well as the investor's borrowing rate, is 10%. The standard deviation of return on the risky portfolio is 12%. If the standard deviation on the complete portfolio is 9%, the expected return on the complete portfolio is ________.
| 16% | ||
| 18% | ||
| 12% | ||
| 15.75% |
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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
9th Edition
0618938737, 978-0618938735
