Question
Your portfolio is comprised of Stocks X, Y, and Z. 30 percent of your portfolio is invested in Stock X, 10 percent in Stock Y,
Your portfolio is comprised of Stocks X, Y, and Z. 30 percent of your portfolio is invested in Stock X, 10 percent in Stock Y, and 60 percent in Stock Z. The expected returns on these three stocks are 9 percent, 12 percent, and 8 percent, respectively. What is the expected return on the portfolio?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N. Hyman
5th Edition
0030113172, 978-0030113178
