Question: This problem asks you to compute expected return, variance and the standard deviation of returns for a portfolio of two stocks. You are an investor

This problem asks you to compute expected return, variance and the standard deviation of returns for a portfolio of two stocks. You are an investor and own a portfolio consisting of 2 stocks. The percentage of the portfolio that is invested in the first stock is 55% and the percentage of the portfolio that is invested in the second stock is 45%. The risk-free rate is 1.33%, the expected return for the first stock is 9.30% and the expected return for the second stock is 8.20%. The standard deviation of the first stock is 11.37% and the standard deviation of the second stock is 18.94%. The correlation between the stocks is 46.00%. What is the expected return on the portfolio? Write as a percentage to two decimal places %. What is the variance of the portfolio? Write the answer as a number to four decimal places What is the standard deviation of the portfolio. Write the answer as a percentage to two decimal places %
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