Don Has $3,000 Invested in AT&T with an Expected Return

question 111

Multiple Choice

Don has $3,000 invested in AT&T with an expected return of 11.6%; $10,000 in IBM with an expected return of 12.8%; and $6,000 in GM with an expected return of 12.2%. What is Don's expected return on his portfolio?

• A) 12.42%
• B) 12.20%
• C) 11.81%
• D) Cannot be determined

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Definitions:

Synapse

The junction between neurons where nerve impulses are transmitted from one neuron to another.

Transmitting Messages

The act of conveying information or communication from one person, group, or place to another.

Neurons

Unique nerve cells within the nervous system responsible for sending signals to other neural cells, muscular cells, or glands.

Synaptic Vesicles

Membrane-bound structures within neurons that store neurotransmitters for release at the synapse during neural communication.