Question
David Brown has $21,244.00 invested in American Cyanamid, $19,858.00 in Gannett Company, and $16,871.00 in Texas International. If American Cyanamid has an expected return of
David Brown has $21,244.00 invested in American Cyanamid, $19,858.00 in Gannett Company, and $16,871.00 in Texas International. If American Cyanamid has an expected return of 27.98%, Gannett an expected return of 20.61%, and Texas International an expected return of 17.75%, what is the portfolio's expected return?
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
6th Edition
1264101589, 9781264101580
