Question
Calculate the expected return on a portfolio that contains 30% of a stock with an expected return of 2% and 70% of a stock with
Calculate the expected return on a portfolio that contains 30% of a stock with an expected return of 2% and 70% of a stock with an expected return of 11%. (Enter your answer as a percentage rounded to 2 decimal places. For example, enter 1.53% instead of .0153.)
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
