BASED ON THE INFORMATION GIVEN IN EXHIBIT 1, THE EXPECTED RETURN OF PORTFOLIO X IS CLOSEST TO

18. - CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R48 INTRODUCTION TO MULTIFACTOR MODELS Q BANK
CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R48 INTRODUCTION TO MULTIFACTOR MODELS Q BANK

18. Based on the information given in Exhibit 1, the expected return of Portfolio X is closest to:

A. 5.0%.

B. 15.8%.

C. 12.3%.