You are given the following information concerning three portfolios, the market portfolio, and the risk-free asset Portfolio X Y Z Market Risk-free Rp 11.0% op 33.00% 10.0 28.00 8.1 18.00 10.4 5.2 23.00 Ө 8p 1.45 1.20 0.75 1.00 Ө Assume that the correlation of returns on Portfolio Y to returns on the market is 0.66. What percentage of Portfolio Y's return is driven by the market? Note: Enter your answer as a decimal not a percentage. Round your answer to 4 decimal places. R-squared
You are given the following information concerning three portfolios, the market portfolio, and the risk-free asset Portfolio X Y Z Market Risk-free Rp 11.0% op 33.00% 10.0 28.00 8.1 18.00 10.4 5.2 23.00 Ө 8p 1.45 1.20 0.75 1.00 Ө Assume that the correlation of returns on Portfolio Y to returns on the market is 0.66. What percentage of Portfolio Y's return is driven by the market? Note: Enter your answer as a decimal not a percentage. Round your answer to 4 decimal places. R-squared
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:You are given the following information concerning three portfolios, the market portfolio, and the risk-free asset
Portfolio
X
Y
Z
Market
Risk-free
Rp
11.0%
op
33.00%
10.0
28.00
8.1
18.00
10.4
5.2
23.00
Ө
8p
1.45
1.20
0.75
1.00
Ө
Assume that the correlation of returns on Portfolio Y to returns on the market is 0.66. What percentage of Portfolio Y's return is driven
by the market?
Note: Enter your answer as a decimal not a percentage. Round your answer to 4 decimal places.
R-squared
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