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Consider two stocks. Stock A has an expected return of 10.6% and stock B has an expected return of 13.3%. The stocks have a correlation
Consider two stocks. Stock A has an expected return of 10.6% and stock B has an expected return of 13.3%. The stocks have a correlation of 0.54. You plan to invest $1,150 into stock A and $7,606 into stock B. What is the expected return of your two stock portfolio? (round weights to 3 decimal places and final answer to 2 decimal places). Write your answer out without the % sign, but not in decimal so that 9.22% would be 9.22 (not 0.0922 or 9.22%)
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