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A portfolio consists of $12,518.23 in Stock M and $ 21,560.54 invested in Stock N. The expected return on these stocks is 7.21 percent

 

A portfolio consists of $12,518.23 in Stock M and $ 21,560.54 invested in Stock N. The expected return on these stocks is 7.21 percent and 13.36 percent, respectively. What is the expected return on the portfolio? Answer as a percentage (e.g. 0.1111 is 11.11%, so you would write 11.11 as the answer) 4

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