Your portfolio has three asset classes. U.S. government T-bills account for 45% of the portfolio, large-company stocks
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Question:
Your portfolio has three asset classes. U.S. government T-bills account for 45% of the portfolio, large-company stocks constitute another 36%, and small-company stocks make up the remaining 19%.
If the expected returns are 2.02% for the T-bills, 8.96% for the large-company stocks, and 14.77% for the small-company stocks, what is the expected return of the portfolio?
The expected return of the portfolio is ?%. (Round to two decimal places.)
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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