Mathematics, 15.12.2020 21:10 youngchapo813p8d9u1
An investment firm offers types of equity investment, A,B, and C. Of the firm's clients,30% invest in A,50% invest in B, and 20% invest in. C. The rates of return are 10%,6%,and 7%for A, B,and C, respectively. What is the expected value of the total return rate for the firm's clients?
A: 6.2%
B: 7.1%
C:7.4%
D:8.2%
Answers: 3
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An investment firm offers types of equity investment, A,B, and C. Of the firm's clients,30% invest i...
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