An investor has a portfolio of $500,000, consisting of stock A, B, and C in the proportions
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An investor has a portfolio of $500,000, consisting of stock A, B, and C in the proportions 50%, 30%, and 20% respectively. Stock A has an expected return of 10%, stock B has an expected return of 8%, and stock C has an expected return of 6%. Calculate the expected return on the investor's portfolio.
Related Book For
Financial Reporting and Analysis
ISBN: 978-1259722653
7th edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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