You Invested $3,000 in a Portfolio with an Expected Return

question 36

Multiple Choice

You invested $3,000 in a portfolio with an expected return of 10 percent and $2,000 in a portfolio with an expected return of 16 percent. What is the expected return of the combined portfolio?

• A) 6.2%
• B) 12.4%
• C) 13.0%
• D) 13.6%

Grasp the protections offered by the Fair Debt Collection Practices Act (FDCPA) regarding third-party contacts.

Comprehend the definition of a consumer under the Magnuson-Moss Warranty Act and the act's applicability to consumer transactions.

Understand the components of a comprehensive consumer credit report and the regulations governing credit reporting.

Realize the implications of non-compliance with the Fair Credit Billing Act by credit card issuers.

---

Definitions:

Normative Economic Statement

A statement expressing a value judgment about what ought to be, based on personal values or opinions rather than factual evidence.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured by gross domestic product (GDP) growth.

Unemployment Rate

The percentage of the labor force that is jobless and actively looking for employment.

Balance Of Trade

The difference between a country's exports and imports of goods and services over a certain period.