题目
Assume the expected return on stocks is 18% (represented by Z in the figure), and the expected return on bonds is 8% (represented by point Y on the graph). The graph shows the portfolio possibilities curve for stocks and bonds. The point on the graph that most likely represents a 90% allocation in stocks and a 10% allocation in bonds is portfolio:「huixue_img/importSubject/1564170577453912064.png」
选项
A.W
B.X
C.Y
D.Z
答案
A
解析
Since the return to W is the nearest to Z (stocks), it is logical to assume that point W represents an allocation of 90% stocks and 10% bonds. The return for W is lower than Z, but it also represents a reduction in risk.由于W的收益最接近Z（股票），因此逻辑上假设点W代表90％的股票和10％的债券的分配。 W的收益率低于Z，但它也表示风险降低。