1. Securities A and B have expected returns of 12% and 15%, respectively. If you put 40% of your money in Security A and the remainder in B, what is the portfolio expected return?
A. 13.8% B. 13.4% C. 15.3% D. 14.6%
2. The least risk portfolio is called the
A. market portfolio
B. efficient portfolio
C. optimum portfolio
D. minimum variance portfolio