FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Fremont Enterprises has an expected return of 13% and Laurelhurst News has an expected return of 23%. If you put 59% of your portfolio in

image text in transcribed
Fremont Enterprises has an expected return of 13% and Laurelhurst News has an expected return of 23%. If you put 59% of your portfolio in Laurelhurst and 41% in Fremont, what is the expected return of your portfolio? The expected retum on the portfolio is % (Rounded to two decimal places.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance

Personal Finance

Authors: Jack Kapoor

13th Edition

1260799735, 9781260799736

More Books

Students also viewed these Finance questions

Question

★★★★★
Let A be an n ( n real matrix, all of whose eigenvalues are real. Prove that there exist an orthogonal matrix Q and an upper triangular matrix T such that QT AQ = T. This very useful result is known...

Answered: 1 week ago

Question

★★★★★
In what geographic areas is the price of land relatively high? What components make up the return from investing in real estate?

Answered: 1 week ago

Question

★★★★★
2. Ask family members to highlight strong points of homework assignments. They might attach a note to assignments describing the three best aspects of the work and one element that could be improved.

Answered: 1 week ago

Question

★★★★★
What is the difference between the conventional test data approach and the integrated test facility approach?

Answered: 1 week ago

Question

★★★★★
The following income statement and additional year-end information is provided. SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses...

Answered: 1 week ago

Question

★★★★★
The consolidated accounts of Hexagon Bhd for the year ended 31 December 2019 were as follows. Group Statement of Financial Position for the years ended 31 December 2019 2019 2018 Fixed Assets...

Answered: 1 week ago

Question

★★★★★
Patel and Sons Incorporated uses a standard cost system to apply factory overhead costs to units produced. Practical capacity for the plant is defined as 50,000 machine hours per year, which...

Answered: 1 week ago

Question

★★★★★
You are designing a wireless multihop network that can tolerate 5% packet loss, meaning that 95% of the packets must be delivered to the destination. i) Would you recommend using TCP or UDP at the...

Answered: 1 week ago

Question

★★★★★
On August 31, 2018, a fire destroyed totally the rented "bodega" or stockroom of the Company. The following are some of the data of the company: Merchandise inventory, December 31, 2017 P110,000 For...

Answered: 1 week ago

Question

★★★★★
If an instance of ANE happens for a client, direct service providers should do the following: Record TV shows that were going to be watched for later viewing Report knowledge or suspicion of ANE to...

Answered: 1 week ago

Question

★★★★★
Learning Source, Inc. has two divisions: Test Preparation and Language Arts. Results (in millions) for the past three years are partially displayed here: (Click the icon to view the results.)...

Answered: 1 week ago

Question

★★★★★
2. To understand that as a general rule it takes about 3 minutes before the other part(s) have made up a 90% impression of you.

Answered: 1 week ago

Question

★★★★★
3. To understand that the first impression means a lot, and it takes a lot of energy to change this first impression.

Answered: 1 week ago

Question

★★★★★
Go, do not wait until I come

Answered: 1 week ago

Previous Question Next Question