Returns on stocks X and Y are listed below: Period Stock X Stock Y 1 5% 1% 2 6% -3% 3 -2% 6% 4 -4% 3% 5 6% 12% 10% 7% 7 7% -5% Consider a portfolio of 40% stock X and 60% stock Y. What is the mean of portfolio returns? Please specify your answer in decimal terms and round your answer to the nearest thousandth (e.g, enter 12.3 percent as 0.123).
Returns on stocks X and Y are listed below: Period Stock X Stock Y 1 5% 1% 2 6% -3% 3 -2% 6% 4 -4% 3% 5 6% 12% 10% 7% 7 7% -5% Consider a portfolio of 40% stock X and 60% stock Y. What is the mean of portfolio returns? Please specify your answer in decimal terms and round your answer to the nearest thousandth (e.g, enter 12.3 percent as 0.123).
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 5CST
Related questions
Question
![Returns on stocks X and Y are listed below:
Period
1
2
Stock X
5%
6%
Stock Y
1%
-3%
3
-2%
6%
-4%
3%
5
6%
12%
10%
7%
7
7%
-5%
Consider a portfolio of 40% stock X and 60% stock Y.
What is the mean of portfolio returns?
Please specify your answer in decimal terms and round your answer to the nearest thousandth (e.g., enter 12.3
percent as 0.123).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc5896bda-536c-4814-b267-45e017d9ab15%2Ff238eb94-263c-4ec9-871b-0171ae60686d%2F5poacn_processed.png&w=3840&q=75)
Transcribed Image Text:Returns on stocks X and Y are listed below:
Period
1
2
Stock X
5%
6%
Stock Y
1%
-3%
3
-2%
6%
-4%
3%
5
6%
12%
10%
7%
7
7%
-5%
Consider a portfolio of 40% stock X and 60% stock Y.
What is the mean of portfolio returns?
Please specify your answer in decimal terms and round your answer to the nearest thousandth (e.g., enter 12.3
percent as 0.123).
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