You own a portfolio of two stocks, A and B. Stock A is valued at $85,000 and
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You own a portfolio of two stocks, A and B. Stock A is valued at $85,000 and has an expected return of 8.6 percent. Stock B has an expected return of 4.2percent. What is the expected return on the portfolio if the total value of the portfolio is $113,000?
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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