Q:59. A portfolio comprises of two stocks A and B. Stock A gives a return of 9%and stock B gives a return of 6%. Stock A has a weight of 60% in the portfolio. What is the portfolio return? [2 Marks]
(a) 11%
(b) 9%
(c) 10%
(d) 8%
Ans: d ---- 8%
could someone pls explain how this is arrived at.
regards, mohan.
(a) 11%
(b) 9%
(c) 10%
(d) 8%
Ans: d ---- 8%
could someone pls explain how this is arrived at.
regards, mohan.