You invest $25,000 in T-bills and $50,000 in the market portfolio. If the risk-free rate equals 2%
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You invest $25,000 in T-bills and $50,000 in the market portfolio. If the risk-free rate equals 2% and the expected market risk premium is 6%, what is the expected return on your portfolio?
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Financial reporting, financial statement analysis and valuation a strategic perspective
ISBN: 978-0324789416
7th Edition
Authors: James M Wahlen, Stephen P Baginskl, Mark T Bradshaw
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