Multiple Choice
A portfolio consists of three stocks.There are 540 shares of Stock A valued at $24.20 share,310 shares of Stock B valued at $48.10 a share,and 200 shares of Stock C priced at $26.50 a share.Stocks A,B,and C are expected to return 8.3 percent,16.4 percent,and 11.7 percent,respectively.What is the expected return on this portfolio?
A) 12.50 percent
B) 11.67 percent
C) 12.78 percent
D) 12.47 percent
E) 11.87 percent
Correct Answer:

Verified
Correct Answer:
Verified
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