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Assume that you manage a risky portfolio with an expected rate of return of 18.7

ID: 2660983 • Letter: A

Question

Assume that you manage a risky portfolio with an expected rate of return of 18.7% and a standard deviation of 28.3%. The T-bill rate is 7%


Your client chooses to invest 75% of a portfolio in your fund and 25% in a T-bill money market fund. What is the expected return and standard deviation of your client's portfolio?



Suppose your risky portfolio includes the following investments in the given proportions:

  

    

What are the investment proportions of your client

Assume that you manage a risky portfolio with an expected rate of return of 18.7% and a standard deviation of 28.3%. The T-bill rate is 7%


(a)

Your client chooses to invest 75% of a portfolio in your fund and 25% in a T-bill money market fund. What is the expected return and standard deviation of your client's portfolio?



(b)

Suppose your risky portfolio includes the following investments in the given proportions:

  

      Stock A 21%   Stock B 48%   Stock C 31%

    

What are the investment proportions of your client

Explanation / Answer

(a)

Your client chooses to invest 75% of a portfolio in your fund and 25% in a T-bill money market fund. What is the expected return and standard deviation of your client's portfolio?


The expected return = 18.7*75% + 7*25% = 15.775%


Standard deviation = 28.3*75% = 21.225%






Suppose your risky portfolio includes the following investments in the given proportions:

  

   




What are the investment proportions of your client

(b)

Suppose your risky portfolio includes the following investments in the given proportions: