Post Utme Lautech 2017 Commerce Question 10
Practice objective / multiple choice question 10 from the 2017 Post Utme Lautech Commerce examination.
A firm has a risk management strategy that involves diversification. The firm invests in two assets, A and B. Asset A has a probability of 0.6 of returning 10% and a probability of 0.4 of returning 5%. Asset B has a probability of 0.7 of returning 8% and a probability of 0.3 of returning 12%. What is the expected return on investment for the firm?
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About This Question
This is Post Utme Lautech 2017 Commerce Question 10. It is one of the objective questions from the 2017 Post Utme Lautech Commerce examination.
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