What Is the Expected Return of an Equally Weighted Portfolio

question 1

Multiple Choice

What is the expected return of an equally weighted portfolio comprised of the following three stocks?

• A)16.33 percent
• B)18.60 percent
• C)19.67 percent
• D)20.48 percent
• E)21.33 percent

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Definitions:

Various Accounts

Different types of accounts managed within accounting, including assets, liabilities, equity, expenses, and revenue accounts.

Petty Cash Fund

A petty cash fund is a small amount of cash on hand used for paying expenses too small to merit writing a check.

Cash Short

A situation where the actual cash on hand is less than the expected amount, usually identified during cash reconciliation.

Journal Entry

An entry made in a journal that records a specific financial transaction, including amounts, accounts affected, and a description.