Fund invests in S&P500 companies and simulates a market portfolio. The expected return of QQ is 15%, with a standard deviation of 10%. Suppose you are able to borrow $10,000 at the riskless rate of 9%, and you already have $10,000 of your own money. If you invest this $20,000 in QQ Fund.

What is the probability that you will have a return greater than 30% on your own money?

Answer rating: 100% (QA)

We must apply the idea of portfolio return in order to determine the likelihood that your individual investment in the QQ Fund would provide a return ... View the full answer