Terrapins has a bond issue outstanding with nine years remaining to maturity, a coupon rate of 10% with interest paid semi-annua
1 answer:
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Answer:
The expected return on her portfolio is B) 11.8%
Explanation:
Hi, the expected return of a portfolio can be found by multiplying the weight of each of the assets times each of its expected return, that is:
So everything should look like this
The expected return of the portfolio is 11.8%, that is option B)
Best of luck.