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:

Teratogen

Environmental agent, such as a virus, a drug, or radiation, that can interfere with normal prenatal development and cause developmental abnormalities.

Birth Defect

An abnormality in structure, function, or metabolism present at birth that results in physical or mental disability or is fatal.

Cesarean Delivery

A surgical procedure used to deliver a baby through incisions in the mother's abdomen and uterus.

HIV

A virus known as Human Immunodeficiency Virus targets the immune system and, without treatment, can cause Acquired Immunodeficiency Syndrome (AIDS).