Daring Dora holds 90% of her assets in high-technology stocks, earning
Daring Dora holds 90% of her assets in high-technology stocks, earning 12%, and 10% in long-term government bonds, earning 6%. The expected return on her portfolio
A) is 6%.
B) is 9%.
C) is 11.4%
D) is 12%.
E) cannot be determined without knowing what the dollar value of her assets is.
ANSWER
C
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