The following returns have been estimated for Security B and Security 0:
Each scenario is equally likely to occur, and you plan to invest 40% of your funds in Security B and 60% in Security O.
-Refer to the information above. What is the expected return on your portfolio? Round your answer to the nearest tenth of a percent.
A) 6.6%
B) 6.0%
C) 3.4%
D) 5.8%
Correct Answer:
Verified
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