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1.) if David plans to invest 30% of his funds in iron and the remainder in copper, what will be the expected return from his

1.) if David plans to invest 30% of his funds in iron and the remainder in copper, what will be the expected return from his portfolio?
2.) what would the expected return of Davids portfolio invests 70% of his funds in iron stock? image text in transcribed
Problem 7.27 David is going to purchase two stocks to form the initial holdings in his portfolio. Iron stock has an expected return of 23 percent, while Copper stock has an expected return of 29 percent. If David plans to invest 30 percent of his funds in Iron and the remainder in Copper, what will be the expected return from his portfolio? (Round answer to 1 decimal place, e.g. 17.5%) Expected return What would the expected return of David's portfolio invests 70 percent of his funds in Iron stock? (Round answer to 1 decimal place, e.g. 17.5%.) Expected return By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by

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