Question
A portfolio consists of $15,400 in Stock M and $23,900 invested in Stock N. The expected return on these stocks is 9.20 percent and 12.60
A portfolio consists of $15,400 in Stock M and $23,900 invested in Stock N. The expected return on these stocks is 9.20 percent and 12.60 percent, respectively. What is the expected return on the portfolio?
11.27%
10.90%
10.53%
9.65%
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
14th edition
1337090581, 978-1337090582
