Ch 13 #12

value .00 points P13-8 Calculating Expected Returns [LO1 A portfolio is invested 20 percent in Stock G, 60 percent in Stock J, and 20 percent in Stock K. The expected returns on these stocks are 11 percent, 16 percent, and 23 percent, respectively. What is the portfolios expected return? 15.58% 17.06% 16.40% O 17.22% 13.33%