Question: Using the data in Table 11.1, a. Compute the annual returns for a portfolio with 25% invested in North Air, 25% invested in West Air,

Using the data in Table 11.1,
a. Compute the annual returns for a portfolio with 25% invested in North Air, 25% invested in West Air, and 50% invested in Tex Oil.
b. What is the lowest annual return for your portfolio in part a? How does it compare with the lowest annual return of the individual stocks or portfolios in Table 11.1?

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