Question
You invested $80,000 in the following stocks: Stock Amount Beta ABC $12,000 0.77 DEF $17,600 1.17 GHI $12,000 1.32 JKL $38,400 1.12 If the risk-free
You invested $80,000 in the following stocks:
| Stock | Amount | Beta | ||
| ABC | $12,000 | 0.77 | ||
| DEF | $17,600 | 1.17 | ||
| GHI | $12,000 | 1.32 | ||
| JKL | $38,400 | 1.12 |
If the risk-free rate is 4.7 percent and the market risk premium is 7.7 percent, what is the expected return on your portfolio? (Round intermediate calculations to 4 decimal places, e.g. 0.3612 and the final answer to 2 decimal places, e.g. 12.36%.)
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 10th Edition
1337902578, 978-1337902571
