The following returns have been estimated for Security T and Security S: Each scenario is equally likely to occur, and you plan to invest 70% in Security T and 30% in Security S.
-Refer to the information above. What is the expected return of the portfolio? Round your answer to the nearest tenth of a percent.

Question

The following returns have been estimated for Security T and Security S:  Each scenario is equally likely to occur, and you plan to invest 70% in Security T and 30% in Security S.
-Refer to the information above. What is the expected return of the portfolio? Round your answer to the nearest tenth of a percent.

Quizplus · Accepted Answer

The Answer of The following returns have been estimated for Security T and Security S:  Each scenario is equally likely to occur, and you plan to invest 70% in Security T and 30% in Security S.
-Refer to the information above. What is the expected return of the portfolio? Round your answer to the nearest tenth of a percent.

The Following Returns Have Been Estimated for Security T and Security