Sally's Broker Told Her That the Expected Return from Her

question 3

Multiple Choice

Sally's broker told her that the expected return from her portfolio was 14.2%.If 40% of her securities have an expected return of 10.3 percent and 20% have an expected return of 12.8 percent, what is the expected return of the remaining portion of her portfolio?

• A)20.9%
• B)18.8%
• C)12.5%
• D)cannot be determined

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Definitions:

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Foucha v. Louisiana

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Release

The act of setting something free or letting it go; in various contexts, it can refer to the liberation of substances, emotions, information, etc.

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A legal doctrine that allows the state to act as a guardian for those unable to care for themselves, such as minors or the mentally ill.