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QUESTION 1:: A portfolio is invested 18 percent in Stock G, 58 percent in Stock

ID: 2764557 • Letter: Q

Question

QUESTION 1:: A portfolio is invested 18 percent in Stock G, 58 percent in Stock J, and 24 percent in Stock K. The expected returns on these stocks are 10 percent, 16 percent, and 22 percent, respectively. What is the portfolio's expected return?

QUESTION2:

What are the portfolio weights for a portfolio that has 134 shares of Stock A that sell for $44 per share and 114 shares of Stock B that sell for $34 per share? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.)

What are the portfolio weights for a portfolio that has 134 shares of Stock A that sell for $44 per share and 114 shares of Stock B that sell for $34 per share? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.)

Explanation / Answer

1.

Stock weights(%) returns(%)

G 18 10

J 58 16

K 24 22

Portfolio expected return = W1R1 + W2R2+W3R3

= 0.18*0.1 + 0.58*0.16+0.24*0.22

= 0.018 + 0.0928 + 0.0528

= 0.1636 or 16.36%

Portfolio weights:

Stock A =$ 5896 / $5896 +$3876 = 60%

Stock B = 3876 / 5896+3876 = 40%