Question
Consider a $92,000 portfolio consisting of three stocks. Their values and expected returns are as follows: Stock Investment Expected Return A $ 7,000 14 %
Consider a $92,000 portfolio consisting of three stocks. Their values and expected returns are as follows:
| Stock | Investment | Expected Return | |||
| A | $ 7,000 | 14 | % | ||
| B | 25,000 | 7 | |||
| C | 60,000 | 16 | |||
What is the weighted-average expected return on the portfolio? Round your answer to one decimal place.
%
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Personal Finance Essentials Saving And Investing
Authors: Julia A Heath
1st Edition
1604139897, 9781604139891
