Question
Walmart stock has an average annual return of 9.7% with a standard deviation of 16.9%. The average return on Verizon stock is 7.1%, with a
Walmart stock has an average annual return of 9.7% with a standard deviation of 16.9%. The average return on Verizon stock is 7.1%, with a standard deviation of 16.4%, and Apple stock has an average annual return of 21.2%, with a standard deviation of 23.7%. Suppose that you invest $5,000 in Walmart, $10,000 in Verizon, and $15,000 in Apple. What is the portfolio return?
| A. | 14.583% | |
| B. | 10.411% | |
| C. | 16.817% | |
| D. | 13.728% |
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Money Banking And Financial Markets
Authors: Stephen G. Cecchetti
1st Edition
0072452692, 9780072452693
