Post Utme Joseph Ayo Babalola University 2024 Commerce Question 28

Practice objective / multiple choice question 28 from the 2024 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2024 Commerce Objective / Multiple Choice
Question 28 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2024 • COMMERCE • objective

A company has a portfolio of assets with the following returns: Asset A has a return of 8% per annum, Asset B has a return of 12% per annum, and Asset C has a return of 15% per annum. 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. 10%
Correct Answer B. 11%
C. 12%
D. 13%
Correct Answer
B
Correct Option:
11%

About This Question

This is Post Utme Joseph Ayo Babalola University 2024 Commerce Question 28. It is one of the objective questions from the 2024 Post Utme Joseph Ayo Babalola University Commerce examination.

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