Given the Following Information,what Is the Expected Return on a Portfolio

question 11

Multiple Choice

Given the following information,what is the expected return on a portfolio that is invested 30 percent in both Stocks A and C,and 40 percent in Stock B?

• A)11.08 percent
• B)12.94 percent
• C)12.33 percent
• D)10.84 percent
• E)10.42 percent

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Definitions:

Record-Keeping Function

The systematic process of organizing and maintaining financial documents and records of a company.

Voucher System

A control or accounting system where vouchers (documents that prove a transaction) are used to authorize and record transactions in an accounts payable system.

Account Payable

The liability created by a purchase on account.

Credit Balance

A situation where the sum of credits in an account exceeds the sum of debits, often indicating a liability or revenue.