Returns on stocks X and Y are listed below: Period 1 2 3 5 Stock X 5% 6% -2% -4% 6% Stock Y 1% -3% 6% 3% 12% 4 6 10% 7% 7 7% -5% Consider a portfolio of 40% stock X and 60% stock Y. What is the mean of portfolio returns? Please specify your answer in decimal terms and round your answer to the nearest thousandth (e.g., enter 12.3 percent as 0.123).
Returns on stocks X and Y are listed below: Period 1 2 3 5 Stock X 5% 6% -2% -4% 6% Stock Y 1% -3% 6% 3% 12% 4 6 10% 7% 7 7% -5% Consider a portfolio of 40% stock X and 60% stock Y. What is the mean of portfolio returns? Please specify your answer in decimal terms and round your answer to the nearest thousandth (e.g., enter 12.3 percent as 0.123).
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.1: Equations
Problem 70E
Related questions
Question
2-2
![Returns on stocks X and Y are listed below:
Period
2
Stock X
5%
6%
Stock Y 1% -3%
3
4
5
6
7
-2%
-4%
6%
10%
7%
6% 3% 12% 7% -5%
Consider a portfolio of 40% stock X and 60% stock Y.
What is the mean of portfolio returns?
Please specify your answer in decimal terms and round your answer
to the nearest thousandth (e.g., enter 12.3 percent as 0.123).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8eeb6921-a110-4984-a04e-b3e01fc97c1d%2Fd899418f-3e18-482d-b02e-568d54fbcb20%2Fp04gfab_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Returns on stocks X and Y are listed below:
Period
2
Stock X
5%
6%
Stock Y 1% -3%
3
4
5
6
7
-2%
-4%
6%
10%
7%
6% 3% 12% 7% -5%
Consider a portfolio of 40% stock X and 60% stock Y.
What is the mean of portfolio returns?
Please specify your answer in decimal terms and round your answer
to the nearest thousandth (e.g., enter 12.3 percent as 0.123).
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