Reference no: EM132602510
Kenya merchants have designed an investment portfolio package to invest some excess cash amounting to Kenya shillings 183 million.
Listed below are the investment and expected return
Investment Expected return
Kakuzi Limited --------------- 8%
Standards Bank ------------- 12.1 %
Total Kenya ------------------- 9.2 %
Kenya power limited ------ 4 %
Hotel Serena --------------- 5.4 %
BP Shell --------------------- 16.4 %
Kapchorua Tea Limited --- 1.1 %
Wal-Mart --------------------- 18 %
Dell computers ------------- 11%
General electric ------------- 11%
Johnson & Johnson --------- 3%
Kenol Kobil ---------------------2%
What will be the expected return of this portfolio? Advice the management accordingly.