On this day in 1942, U.S. Lieutenant General Jonathan Wainwright surrender all U.S. troops in the Philippines to the Japanese
Answer and Explanation:
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It’s debtor because of the user
Answer:
The expected return on the portfolio is 14.19%.
Explanation:
This problem require us to calculate the expected return on entire portfolio. The expected return on every stock that will be the part of portfolio is given in the question and their weightage in portfolio is also provided in the problem.
We can easily calculate the expected return using following weightage average formula.
ER portfolio' = WA * ERA + WB * ERB + WC* ERC
<em>' WA = Weightage of stock in portfolio</em>
<em>ERA = Expected return on stock A</em>
= 20% * 3.7 + 30% * 14.5 + 50* 18.2
= 14.19%
The firm may switch to a wholly owned subsidiary.
Good luck!
