A portfolio consists of assets with the following expected returns: a) What is the expected return on

Question:

A portfolio consists of assets with the following expected returns:

a) What is the expected return on the portfolio?
b) What will be the expected return if the individual reduces the holdings of the AT&T stock to 15 percent and puts the funds into real estateinvestments?

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...