Question
Your portfolio consists of two assets: $1000 is invested in an ETF with an expected return of 15.4% and $7,350 in a bond fund with
Your portfolio consists of two assets: $1000 is invested in an ETF with an expected return of 15.4% and $7,350 in a bond fund with expected returns of 4.3%.
How much in $, should you transfer from bonds to the ETF so that you will obtain a portfolio with an overall expected return of 15.1%?
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
8th Edition
0357714636, 9780357714638
