Question
A portfolio consists of the following four stocks in the table. Stock Current Market Value Expected Return A $180000 8% B 145000 10% C 452000
A portfolio consists of the following four stocks in the table.
| Stock | Current Market Value | Expected Return |
| A | $180000 | 8% |
| B | 145000 | 10% |
| C | 452000 | 12% |
| D | 223000 | 5% |
| $1000000 |
What is the expected return of the portfolio? Do not round intermediate calculations. Round the answer to two decimal places.
%
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
