Post Utme Summit University 2019 Commerce Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Summit University Commerce examination.

Post Utme Summit University 2019 Commerce Objective / Multiple Choice
Question 38 POST_UTME_SUMMIT_UNIVERSITY • 2019 • COMMERCE • objective

A company has a portfolio of stocks with the following returns: Stock A: 10% per annum, Stock B: 12% per annum, and Stock C: 15% per annum. If the investor allocates 30% of the portfolio to Stock A, 40% to Stock B, and 30% to Stock C, what is the expected return on the portfolio?

Answer Options

A. 12.6%
Correct Answer B. 13.2%
C. 14.5%
D. 15.1%
Correct Answer
B
Correct Option:
13.2%

About This Question

This is Post Utme Summit University 2019 Commerce Question 38. It is one of the objective questions from the 2019 Post Utme Summit University Commerce examination.

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