Question
Consider a $79,000 portfolio consisting of three stocks. Their values and expected returns are as follows: Stock Investment Expected Return A $ 9,000 15 %
Consider a $79,000 portfolio consisting of three stocks. Their values and expected returns are as follows:
| Stock | Investment | Expected Return | |||
| A | $ 9,000 | 15 | % | ||
| B | 30,000 | 5 | |||
| C | 40,000 | 11 | |||
What is the weighted-average expected return on the portfolio? Round your answer to one decimal place.
%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
