Use the Information for the Question(s)below

question 115

Multiple Choice

Use the information for the question(s) below.
You are presently invested in the Luther Fund,a broad-based mutual fund that invests in stocks and other securities.The Luther Fund has an expected return of 14% and a volatility of 20%.Risk-free Treasury bills are currently offering returns of 4%.You are considering adding a precious metals fund to your current portfolio.The metals fund has an expected return of 10%,a volatility of 30%,and a correlation of -.20 with the Luther Fund.
-The beta of the precious metals fund with the Luther Fund is closest to:

• A)-0.3.
• B)-0.6.
• C)0.3.
• D)0.6.

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Canadian University

An institution of higher education and research, located in Canada, that offers undergraduate and graduate degrees in various fields.

Saint Mary's University

An educational institution, notable for its academic and extracurricular programs, located in various countries around the world.

Dalhousie University

A public research university located in Halifax, Nova Scotia, Canada, known for its prestigious medical school and comprehensive research programs.

Western University

A tertiary institution of learning, often implying a university that follows the academic traditions and standards of Western cultures.