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

question 37

Multiple Choice

Don has $3,000 invested in AT&T with an expected return of 11.6 percent;$10,000 in IBM with an expected return of 12.8 percent;and $6,000 in GM with an expected return of 12.2 percent.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:

Productivity

A measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Forward Scheduling

A planning method that begins scheduling from a known start date and then adds tasks sequentially to determine project completion date.

Six Sigma

A data-driven approach and methodology for eliminating defects in any process.

Accuracy

The degree to which the result of a measurement, calculation, or specification conforms to the correct value or standard.