Quantitative Methods Q106
| Bonds: | 27% |
| Mortgage: | 18% |
| Gold: | 17% |
The returns on the above assets on 31 December, 2012, were 5.4%, 8.9%, - 2.5%, -7%, and 11% respectively. The mean return earned by the portfolio is closest to:
- Option : A
- Explanation : Mean portfolio return is the weighted average of each asset class' returns.
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