Question
Consider a $45,000 portfolio consisting of three stocks. Their values and expected returns are as follows: Stock Investment Expected Return A $ 5,000 14 %
Consider a $45,000 portfolio consisting of three stocks. Their values and expected returns are as follows:
| Stock | Investment | Expected Return | |||
| A | $ 5,000 | 14 | % | ||
| B | 20,000 | 8 | |||
| C | 20,000 | 15 | |||
What is the weighted-average expected return on the portfolio? Round your answer to one decimal place.
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Authors: Elaine Wilkes ,Dan Hollings ,Daniel Hall ,Lisa Rothstein
1st Edition
1954968574, 978-1954968578
