Use the Table for the Question(s)below

question 23

Multiple Choice

Use the table for the question(s) below.
Consider the following expected returns,volatilities,and correlations:
-The expected return of a portfolio that is equally invested in Duke Energy and Microsoft is closest to:

• A)28%.
• B)29%.
• C)24%.
• D)23%.

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Definitions:

Loanable Funds

Refers to all the money available for borrowing in a nation's economy, which comes from savings and is used for loans and investments.

Shifted

Shifted refers to the change in position, direction, or tendency of an object, market demand/supply curve, or another measurable factor.

Income Tax

A tax imposed by the government on the income earned by individuals and businesses within its jurisdiction.

Sales Tax

A tax levied on sales of goods and services, typically calculated as a percentage of the purchase price, paid by consumers at the point of sale.