Post Utme Bells University 2023 Commerce Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Bells University Commerce examination.

Post Utme Bells University 2023 Commerce Objective / Multiple Choice
Question 23 POST_UTME_BELLS_UNIVERSITY • 2023 • COMMERCE • objective

A company has a portfolio of assets with the following returns: Asset A: 8%, Asset B: 12%, Asset C: 6%. If the company allocates 30% of its portfolio to Asset A, 40% to Asset B, and 30% to Asset C, what is the expected return on the portfolio?

Answer Options

A. 9%
Correct Answer B. 10%
C. 11%
D. 12%
Correct Answer
B
Correct Option:
10%

About This Question

This is Post Utme Bells University 2023 Commerce Question 23. It is one of the objective questions from the 2023 Post Utme Bells University Commerce examination.

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