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Gold Stock Market average return 8% 20% standard deviation 25% 22% Your estimate

ID: 2682369 • Letter: G

Question

Gold Stock Market
average return 8% 20%
standard deviation 25% 22%

Your estimate of the assets' correlation is -0.4.

12. What is the average return of a portfolio composed of equal proportions of gold and stocks?
a. 12%
b. 14%
c. 18%
d. 20%
e. None of the above

13. What is the standard deviation of a portfolio composed of equal proportions of gold and stocks?
a. 22.5%
b. 23.5%
c 25.0%
d. None of the above.

14. What is the average return and standard deviation of the portfolio composed of gold and stocks that has the lowest risk?
a. 100% stocks, 0% gold
b. 75% stocks, 25% gold
c. 75% gold, 25% stocks
d. 100% gold, 0% stocks
e. None of the above.

Explanation / Answer

Gold Stock Market
average return 8% 20%
standard deviation 25% 22%

Your estimate of the assets' correlation is -0.4.

12. What is the average return of a portfolio composed of equal proportions of gold and stocks?
a. 12%
b. 14%
c. 18%
d. 20%
e. None of the above

actual answer =12.93%




13. What is the standard deviation of a portfolio composed of equal proportions of gold and stocks?
a. 22.5%
b. 23.5%
c 25.0%
d. None of the above.

14. What is the average return and standard deviation of the portfolio composed of gold and stocks that has the lowest risk?
a. 100% stocks, 0% gold
b. 75% stocks, 25% gold
c. 75% gold, 25% stocks
d. 100% gold, 0% stocks
e. None of the above.

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