Angie owns a portfolio which has an expected annual return of 11.70 percent.What is the two-year expected return on her portfolio?
A)13.80 percent
B)19.52 percent
C)23.40 percent
D)27.60 percent
E)29.10 percent

Name: Angie owns a portfolio which has an expected annual return of 11.70 percent.What is the two-year expected return on her portfolio? A)13.80 percent B)19.52 percent C)23.40 percent D)27.60 percent E)29.10 percent
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Question

Quizplus · Accepted Answer

Two-year return = 2 × .1170 = 23.40 percent

Angie Owns a Portfolio Which Has an Expected Annual Return