Post Utme Elizade University 2018 Commerce Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2018 Commerce Objective / Multiple Choice
Question 19 POST_UTME_ELIZADE_UNIVERSITY • 2018 • COMMERCE • objective

A company has a portfolio of assets with the following returns: Asset A has a 20% chance of returning 10%, a 30% chance of returning 20%, and a 50% chance of returning 30%. Asset B has a 20% chance of returning 10%, a 30% chance of returning 20%, and a 50% chance of returning 30%. What is the expected return of the portfolio?

Answer Options

A. 15%
Correct Answer B. 20%
C. 25%
D. 30%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Elizade University 2018 Commerce Question 19. It is one of the objective questions from the 2018 Post Utme Elizade University Commerce examination.

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