2 34 A portfolio is invested 45 percent in Stock G, 40 percent in Stock J, and 15 percent in Stock K. The expected returns on these stocks are 11 percent, 9 percent, and 15 percent, respectively. What is the portfolio's expected return? 00 Input area: 5 6 Weight of G 7 Weight of J 8 Weight of K Stock G E(R) Stock J E(R) Stock K E(R) 0.45 0.40 0.15 9 10 11 12 13 (Use cells A6 to B11 from the given information to complete this question.) 14 15 Output area: 16 17 Portfolio E(R) 18 19 11.00% 9.00% 15.00%

A portfolio is invested 45 percent in Stock G,40 percent in 2 Stock J, and 15 percent in Stock K. The expected returns on these stocks are 11 percent, 9 percent, and 15 percent, respectively. What is the portfolio's expected return? 12 13 (Use cells A6 to B11 from the given information to complete this question.)