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

Question 4

Multiple Choice

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

Correct Answer:

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