Question
Using the 2019 Canadian Beta values, an investor invests $55,000 in the following stocks. Company AGF Management Ltd. Bank of Nova Scotia BCE Inc.
Using the 2019 Canadian Beta values, an investor invests $55,000 in the following stocks. Company AGF Management Ltd. Bank of Nova Scotia BCE Inc. Suncor Energy Inc. Total 2019 Beta Value Investment Amount ($) 1.39 0.66 0.14 1.79 17,600 11,000 8,800 17,600 55,000 Assuming the 3-Month Treasury Bill rate is 0.49 percent and the average rate for the TSX-SP index is 8.06 percent, what would be the expected return for this investor's portfolio? (Round weighted average calculations to 4 decimal places, e.g. 15.2525 and final answer to 2 decimal places, e.g. 15.25%.)
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