The expected return of a portfolio of risky securities ______ a weighted average of the securities returns. The standard deviati
on of a portfolio of risky securities ____ a weighted average of the securities standard deviations when the correlation is less than 1 a. is;is b.is not ;is c.is;is not d.is not; is not
The expected return of a portfolio of risky securities __is____ a weighted average of the securities returns. The standard deviation of a portfolio of risky securities __is not__ a weighted average of the securities standard deviations when the correlation is less than 1
Note:
The expected return of a portfolio of risky securities is a weighted average of the securities' returns.
The standard deviation is the square root of the variance which is a weighted sum of the variance of the individual securities and the covariances between securities.
