A portfolio is composed of 30% stock, 20% bonds, and 50% mutual funds. The stock is expected
Fantastic news! We've Found the answer you've been seeking!
Question:
A portfolio is composed of 30% stock, 20% bonds, and 50% mutual funds. The stock is expected to have a 10% return, the bonds a 5% return and the mutual funds a 7% return. What is the expected return of the portfolio?
Expert Answer:
Posted Date:
