The expected return on a portfolio:

select one:

a. is an arithmetic average of the returns of the individual securities when the weights of those securities are unequal.

b. is limited by the returns on the individual securities within the portfolio.

c. can be less than the expected return on the worst performing security in the portfolio.

d. is independent of the performance of the overall economy.

e. can be greater than the expected return on the best performing security in the portfolio.

Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.