Suppose You Invest $15,000 in Merck Stock and $25,000 in Home

question 71

Multiple Choice

Suppose you invest $15,000 in Merck stock and $25,000 in Home Depot stock.You expect a return of 16% for Merck and 12% for Home Depot.What is the expected return on your portfolio?

• A)13.50%
• B)14.00%
• C)13.75%
• D)14.50%

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Definitions:

Hotel Operators

Individuals or companies responsible for running a hotel, including managing its daily operations and services provided to guests.

Personal Property

Assets or belongings that are movable and not fixed to one location, unlike real estate.

Bailment

A legal relationship where physical possession of personal property is transferred from one party to another, under the agreement that the property will be returned.

Bailor

One who entrusts goods to a bailee.