Question
Your portfolio is invested 50% in GOOG, 25% in AAPL and 25% in FB. Those stocks have expected returns of 10%, 8% and 18% respectively.
Your portfolio is invested 50% in GOOG, 25% in AAPL and 25% in FB. Those stocks have expected returns of 10%, 8% and 18% respectively. The expected return on the portfolio is then:
A. 11.5%
B. 13.3%
C. 10%
D. 12.0%
E. 12.5%
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
11th Edition
1305262999, 1305262997, 035726164X, 978-1305262997
