Question: When inputting an answer, the sheet automatically displays the required decimal places. If you need to use a calculated number for further calculations, DO NOT
| When inputting an answer, the sheet automatically displays the required decimal places. If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to the required decimal places. |
Q10) There is a 21.55% probability of an average economy and a 78.45% probability of an above average economy. You invest 40.58% of your money in Stock S and 59.42% of your money in Stock T. In an average economy the expected returns for Stock S and Stock T are 9.54% and 5.87% , respectively. In an above average economy the the expected returns for Stock S and T are 37.65% and 24.87% , respectively. What is the expected return for this two stock portfolio? (2.0 points)
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