Mike's portfolio has a two-year expected return of 21.70 percent.What is the expected return for one year?
A) 10.85 percent
B) 12.50 percent
C) 13.33 percent
D) 14.22 percent
E) 15.34 percent

Name: Mike's portfolio has a two-year expected return of 21.70 percent.What is the expected return for one year? A) 10.85 percent B) 12.50 percent C) 13.33 percent D) 14.22 percent E) 15.34 percent
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Annual return = 0.2170 / 2 = 10.85 percent

Mike's Portfolio Has a Two-Year Expected Return of 21