Consider the following information concerning three portfolios, the market portfolio, and the risk-free asset: ...
70.2K
Verified Solution
Link Copied!
Question
Finance
| Consider the following information concerning three portfolios, the market portfolio, and the risk-free asset: |
| Portfolio | RP | P | P | ||
| X | 14.0 | % | 31 | % | 1.35 |
| Y | 13.0 | 26 | 1.10 | ||
| Z | 7.0 | 14 | .75 | ||
| Market | 10.2 | 19 | 1.00 | ||
| Risk-free | 6.0 | 0 | 0 | ||
| Assume that the correlation of returns on Portfolio Y to returns on the market is .62. What is the percentage of Portfolio Ys return that is driven by the market? (Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) |
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.