Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 09, 2024

You have invested $5,000 in an investment with an expected return of 8 percent and $15,000 in an investment with an expected return of 16

You have invested $5,000 in an investment with an expected return of 8 percent and $15,000 in an investment with an expected return of 16 percent. What is your expected return on this portfolio?

10%

12%

14%

16%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Introduction To Management Science and Business Analytics A Modeling And Case Studies Approach With Spreadsheets

Authors: Frederick S. Hillier, Mark S. Hillier

7th Edition

1260716295, 9781260716290

More Books

Students also viewed these Finance questions

Question

★★★★★

What is goodwill?

Answered: 1 week ago

Question

★★★★★

Spring Manufacturing Company has had a continuous improvement (kaizen) program for the last two years. According to the kaizen program, the firm is expected to manufacture C12 and D57 with the...

Answered: 1 week ago

Question

★★★★★

For the logistic classifier in Exercise 10.59 (???? = 100), there were 26 misclassified observations. Of the 26 misclassifications, there were 14 misclassifications among the 59 classified as not...

Answered: 1 week ago

Question

★★★★★

Acqua Marine Co. uses a line of credit to help finance its inventory purchases. Acqua Marine sells boats and equipment and uses the line of credit to build inventory for its peak sales months, which...

Answered: 1 week ago

Question

★★★★★

Dave and Jenny, both 55 years old and married, sell their personal residence to Andre. Andre pays $660,000 and assumes their $90,000 mortgage. To make the sale they pay $20,000 in commissions and...

Answered: 1 week ago

Question

★★★★★

Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companies. The following six-column table contains the company's unadjusted trial balance...

Answered: 1 week ago

Question

★★★★★

anymore inc. is forecasting an EPS of $2.50 for the coming yearon its 500,000 outstanding shares of stock. its capital budget isforecasted at $800,000 and it is committed to maintaining a $2.00divi 2...

Answered: 1 week ago

Question

★★★★★

Rambo Company has three products, A, B, and C. The following information is available: Product A Product B Product C Sales $60,000 $90,000 $24,000 Variable costs 36,000 48,000 15,000 Contribution...

Answered: 1 week ago

Question

★★★★★

After reading aloud a certain fable to his fifth graders, mr osmet asks some students 'so who can you tell me the moral of this story> When the students don't respond immediately he tells them, "the...

Answered: 1 week ago

Question

★★★★★

The following table gives amount of annual spending of a country s defense budget in billions of dollars for military construction Let x 12 correspond to the year 2012 Sketch the graph of the...

Answered: 1 week ago

Question

★★★★★

Post an explanation of how identity, privilege, power, and oppression influence professional practice based on Janet Helms's explanation in the Microtraining Associates video. Then explain the...

Answered: 1 week ago

Question

★★★★★

VWX Inc., has sales of $500,000, net income of $80,000, dividend payout of 50%, total assets of $700,000 and target debt-equity ratio of 1.5. If the company grows at its sustainable growth rate in...

Answered: 1 week ago

Question

★★★★★

A distribution of exam scores in sociology 100 for the past 5 years has a mean of 75 and an SD of 20. What percentage of students earned acgradevof 80 or better?

Answered: 1 week ago

Question

★★★★★

Villanis Distillery is considering a capital budgeting project. The initial net cash outlay is $4,710. The cash flow from operations is as follows: mlp85 Year 4 92325 Cash flow from operations $1,750...

Answered: 1 week ago

Question

★★★★★

Pescow Dairy Corporation is considering the following two mutually exclusive projects: mki72 Project T Project S Initial net cash outlay $141,530 $156,680 Cash flow from operations: Year 1 60,000...

Answered: 1 week ago

Question

★★★★★

Paul and Maggie Lobster Company is considering the purchase of equipment that will enable it to raise its own lobsters. The following information about the investment is available: mkio74 Annual cash...

Answered: 1 week ago

Previous Question Next Question