You Own a Portfolio That Is Invested 38 Percent in Stock

question 42

Multiple Choice

You own a portfolio that is invested 38 percent in Stock A,43 percent in Stock B,and the remainder in Stock C.The expected returns on these stocks are 10.9 percent,15.4 percent,and 9.1 percent,respectively.What is the expected return on the portfolio?

• A)10.55 percent
• B)11.02 percent
• C)11.67 percent
• D)12.49 percent
• E)13.05 percent

---

Definitions:

Undergraduate Courses

Undergraduate courses are academic programs offered by colleges and universities that lead to an associate or bachelor's degree.

Law School

An educational institution specializing in legal studies, typically offering professional degrees in law.

Experience

The knowledge or skill obtained from involvement in or exposure to events or activities over a period.

Average Salary

The mean income calculated by dividing the total salary of a group by the number of individuals in that group.