Post Utme Pan Atlantic University 2024 Commerce Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2024 Commerce Objective / Multiple Choice
Question 3 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2024 • 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 40% of its portfolio to Asset A, 30% 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 Pan Atlantic University 2024 Commerce Question 3. It is one of the objective questions from the 2024 Post Utme Pan Atlantic University Commerce examination.

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