Use the Following Information to Answer the Question(s)below

question 99

Multiple Choice

Use the following information to answer the question(s) below.
Suppose that the market portfolio is equally likely to increase by 24% or decrease by 8%.Security "X" goes up on average by 29% when the market goes up and goes down by 11% when the market goes down.Security "Y" goes down on average by 16% when the market goes up and goes up by 16% when the market goes down.Security "Z" goes up on average by 4% when the market goes up and goes up by 4% when the market goes down.
-The expected return on the market portfolio is closest to:

• A)0%.
• B)4%.
• C)8%.
• D)16%.

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Definitions:

Chelicerae

A pair of appendages in front of the mouth in arachnids and some other arthropods, serving as fangs or pincers.

Silk Glands

Specialized glands found in arachnids, particularly spiders, that produce the protein fibre known as silk for web construction and other purposes.

Cephalization

The evolutionary trend towards the concentration of sensory and neural organs in the anterior (head) part of an organism.

Triploblastic

Refers to organisms that during embryonic development form three primary germ layers: the ectoderm, mesoderm, and endoderm, which give rise to all bodily tissues and organs.