In a Particular Year, Aggie Mutual Fund Earned a Return

question 60

Multiple Choice

In a particular year, Aggie Mutual Fund earned a return of 15% by making the following investments in the following asset classes: $\begin{array}{lcc} & \text { Weight } & \text { Return } \\\hline \text { Bonds } & 10 \% & 6 \% \\\text { Stocks } & 90 \%& 16 \%\\\hline\end{array}$ The return on a bogey portfolio was 10%, calculated as follows: $\begin{array}{lrrr}& \text { Weight } & \text { Return } \\\text { Bonds (Lehman Brothers Index) } & 50 \% & 5 \% \\\text { Stocks (S\&P } 500 \text { Index) } & 50 \% & 15 \% \\\hline\end{array}$ The total excess return on the Aggie managed portfolio was

• A) 1%.
• B) 3%.
• C) 4%.
• D) 5%.

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Definitions:

Societal Goals

Objectives or aims that a society seeks to achieve in order to promote the well-being and development of its members.

Conflict Theory

A perspective in sociology that emphasizes the role of power and coercion in producing social order, often focusing on the conflicts between different social classes or groups.

Learning Role

The process through which individuals understand and adapt to the behaviors and norms expected in their social positions.

Social Inequity

Inequalities or disparities among individuals in society, often in terms of wealth, income, and access to resources and opportunities.