Question: Please help me solve the incorrect boxes. Consider historical data showing that the average annual rate of return on the S&P 500 portfolio over the
Please help me solve the incorrect boxes.

Consider historical data showing that the average annual rate of return on the S&P 500 portfolio over the past 85 years has averaged roughly 8% more than the Treasury bill return and that the S&P 500 standard deviation has been about 31% per year. Assume these values are representative of investors' expectations for future performance and that the current T-bill rate is 3%. Calculate the expected return and variance of portfolios invested in T-bills and the S&P 500 index with weights as shown below. (Enter your answers as decimals rounded to 4 places. Leave no cells blank - be certain to enter "O" wherever required.) Answer is complete but not entirely correct. WBills Windex Expected Return Variance 0.0 1.0 0.1100 0.0961 Example 0.2 0.8 0.0900 0.0615 0.4 0.6 0.0800 X 0.0346 0.6 0.4 0.0600 x 0.0154 0.8 0.2 0.0500 X 0.0038 1.0 0.0 0.0300 0
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