Post Utme Afe Babalola University 2024 Commerce Question 31

Practice objective / multiple choice question 31 from the 2024 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2024 Commerce Objective / Multiple Choice
Question 31 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2024 • COMMERCE • objective

A company's risk management strategy involves diversification of its investments across various asset classes. If the company invests ₦1,000,000 in stocks, ₦500,000 in bonds, and ₦300,000 in real estate, what is the expected return on investment (ROI) if the annual returns on stocks, bonds, and real estate are 12%, 6%, and 8% respectively?

Answer Options

Correct Answer A. 15%
B. 12%
C. 18%
D. 20%
Correct Answer
A
Correct Option:
15%

About This Question

This is Post Utme Afe Babalola University 2024 Commerce Question 31. It is one of the objective questions from the 2024 Post Utme Afe Babalola University Commerce examination.

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