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Consider the following portfolio that contains four stocks. Given the stocks' expected returns and portfolio weights, what is the expected return for the portfolio? Stocks

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Consider the following portfolio that contains four stocks. Given the stocks' expected returns and portfolio weights, what is the expected return for the portfolio? Stocks Portfolio Weights Darson Hotels 28% King Hotels 32% JB Restaurants Inc. 24% Mike's Food Inc. 16% 100% Expected Return, E(R) 18% 16% 11% 9% ? E(Rp) = 28*.18 + .32.16 + 24" 11 + 16*.09 E(Rp) = 1424 or 14.24%

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