Post Utme Summit University 2023 Commerce Question 33

Practice objective / multiple choice question 33 from the 2023 Post Utme Summit University Commerce examination.

Post Utme Summit University 2023 Commerce Objective / Multiple Choice
Question 33 POST_UTME_SUMMIT_UNIVERSITY • 2023 • 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 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. 8.4
Correct Answer B. 9.2
C. 9.6
D. 10.4
Correct Answer
B
Correct Option:
9.2

About This Question

This is Post Utme Summit University 2023 Commerce Question 33. It is one of the objective questions from the 2023 Post Utme Summit University Commerce examination.

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