Question

Suppose you invested in this group of mutual funds and diversified the investment by placing in domestic equity funds, in international equity funds, in specialty stock funds, and in hybrid funds. what is the expected return on the portfolio? (to 2 decimals

Answer 1

Answer:

The expected return on the porfolio will be calculate based on this formula:

∪ = ∑ xP(x)

Explanation:

The expected return ∪ is the sum of the product of the investment x with its total return.