If you invest 80% of your funds in GTE stock with an expected rate of return of 11% and the remainder in International Paper stock with an expected return of 16%, the expected return on your portfolio is:
A)11.8%.
B)12%.
C)12.6%.
D)13.5%.
E)None of the above

Question

Quizplus · Accepted Answer

The Answer of If you invest 80% of your funds in GTE stock with an expected rate of return of 11% and the remainder in International Paper stock with an expected return of 16%, the expected return on your portfolio is:
A)11.8%.
B)12%.
C)12.6%.
D)13.5%.
E)None of the above

If You Invest 80% of Your Funds in GTE Stock