Compute expected return on portfolio


Florida Company (FC) and Minnesota Company (MC) are both service companies. The historical return for past 3 years are: FC: - 5%,15%, 20%; MC: 8%, 8%, 20%. If FC and MC are combined in the portfolio with 50% of funds invested in each, compute expected return on portfolio.

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Mathematics: Compute expected return on portfolio
Reference No:- TGS0866908

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