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David Brown has $28,721.00 invested in American Cyanamid, $21,447.00 in Gannett Company, and $24,794.00 in Texas International. If American Cyanamid has an expected return
David Brown has $28,721.00 invested in American Cyanamid, $21,447.00 in Gannett Company, and $24,794.00 in Texas International. If American Cyanamid has an expected return of 29.90%, Gannett an expected return of 21.84%, and Texas International an expected return of 27.04%, what is the portfolio's expected return? (Answer the number of percentage, e.g. If your answer is 10%, answer 10 in the arfswering area. Do not round intermediate calculations. Round your answer to 2 decimal places.) Numeric Response
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