It is a weighted average only for stock portfolios
It can only be positive
It can never be above the highest individual return
All of the above are true
✅ The correct answer is C.
It can never be above the highest individual return is true regarding the expected return of a portfolio. The expected return for an investment portfolio is the weighted average of the expected return of each of its components.
It can never be above the highest individual return is true regarding the expected return of a portfolio. The expected return for an investment portfolio is the weighted average of the expected return of each of its components.