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Using number of funds as weights results in a good approximation regardless of the amount invested in various funds. There is no need to use

Using "number of funds" as weights results in a good approximation regardless of the amount invested in various funds. There is no need to use a different weight. (fii) Using "number of funds" as weights will only be a good approximation if the amount invested in various funds is approximately equal. There is no other option that could be used for weights. (iv) Using "number of funds" as weights results in a good approximation regardless of the amount invested in various funds. The total amount invested in all funds could be used for weights. Choose the correct option. Choice (0) c. Suppose you invested $10,000 in this group of mutual funds and diversified the investment by placing $2,000 in Domestic Equity funds, $4,000 in International Equity funds, $3,000 in Specialty Stock funds, and $1,000 in Hybrid funds. What is the expected return on the portfolio? (to 2 decimals)

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