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QUESTION 1 Use the following table of states of the economy and stock returns to

ID: 2713352 • Letter: Q

Question

QUESTION 1

Use the following table of states of the economy and stock returns to calculate the percentage standard deviation of a portfolio of a portfolio of 80 percent Roten and the rest in Bradley.

Security

if State

Returns

Occurs

Prob of State of Economy

Roten

Bradley

Bust

0.2

-12%

30%

Boom

?

37

5

QUESTION 2

Use the following information to calculate the percentage expected return a portfolio that is 39.7 percent invested in 3 Doors, Inc., and the rest invested in Down Co.:

3 Dorrs, Inc.

Down Co.

Expected return

23%

13%

Standard deviation

39

9

Correlation

88

QUESTION 3

Use the following information to calculate the percentage standard deviation of a portfolio that is 72.5 percent invested in 3 Doors, Inc., and the rest invested in Down Co.:

3 Dorrs, Inc.

Down Co.

Expected return

16%

9%

Standard deviation

50

32

Correlation

0.35

Security

if State

Returns

Occurs

Prob of State of Economy

Roten

Bradley

Bust

0.2

-12%

30%

Boom

?

37

5

Explanation / Answer

2)

3)

Std deviation of a porfolio Security Returns if State Occurs Roten Bradely Prob of State of Economy Roten Bradley Expected return Expected return Bust 0.2 -12% 30% -2% 6% Boom 0.8 37% 5% 30% 4% 27% 10% weighted average return of the portfolio= 23.60% (27%*0.8)+(10%*0.2)
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