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A portfolio consists of the following securities. What is the portfolio weight o

ID: 2613903 • Letter: A

Question

A portfolio consists of the following securities. What is the portfolio weight of stock C?

Multiple Choice

0.336

0.557

0.445

0.451

0.389

The risk-free rate is 3.5 percent. What is the expected risk premium on this security given the following information?

Multiple Choice

2.09 percent

4.15 percent

3.01 percent

3.20 percent

3.87 percent

The risk-free rate is 3.0 percent. What is the expected risk premium on this security given the following information?

Multiple Choice

3.20 percent

3.01 percent

3.80 percent

2.90 percent

4.15 percent

There is a 35 percent probability that a particular stock will earn a 16 percent return and a 65 percent probability that it will earn 10 percent. What is the risk-free rate if the risk premium on the stock is 7.5 percent? MultipleChoice 5.20 percent 4.60 percent 4.20 percent 5.80 percent 5.40 percent

Stock #Shares PPS A 200 $ 48 B 150 $ 33 C 350 $ 21

Explanation / Answer

1-

share

no of shares

price per share

total value

Weight = value of stock in portfolio/total value of portfolio

A

200

48

9600

0.438356

B

150

33

4950

0.226027

C

350

21

7350

0.335616

total value portfolio

21900

Portfolio weight of stock C

0.336

2-

return on security

(.30*15%)+(.55*8%)+(.20*-11%)

6.70%

expected risk premium

(expected return-risk free rate)

6.7-3.5

3.2

3-

return on security

(.30*16%)+(.55*8%)+(.20*-12%)

6.80%

expected risk premium

(expected return-risk free rate)

6.8-3

3.8

4-

return on security

(.35*16%)+(.65*10%)

12.10%

expected risk premium

(expected return-risk premium)

12.1-7.5

4.6

1-

share

no of shares

price per share

total value

Weight = value of stock in portfolio/total value of portfolio

A

200

48

9600

0.438356

B

150

33

4950

0.226027

C

350

21

7350

0.335616

total value portfolio

21900

Portfolio weight of stock C

0.336

2-

return on security

(.30*15%)+(.55*8%)+(.20*-11%)

6.70%

expected risk premium

(expected return-risk free rate)

6.7-3.5

3.2

3-

return on security

(.30*16%)+(.55*8%)+(.20*-12%)

6.80%

expected risk premium

(expected return-risk free rate)

6.8-3

3.8

4-

return on security

(.35*16%)+(.65*10%)

12.10%

expected risk premium

(expected return-risk premium)

12.1-7.5

4.6

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