Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You have invested 40% of your money in Microsoft and the balance in Tesla. Microsoft's expected return is 11,03%. Tesla has an expected return of

image text in transcribed

You have invested 40% of your money in Microsoft and the balance in Tesla. Microsoft's expected return is 11,03%. Tesla has an expected return of 17.83%. The correlation between the stock returns is 33. What is the portfolio expected return? Select one: a. 6.05% b. 8.88% c. 12.76% d. 15.11%

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

Authors: E Thomas Garman, Raymond Forgue

11th Edition

1111531013, 9781111531010

More Books

Students also viewed these Finance questions