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Eric Poppovich invests money in two stocks for the upcoming year. His investment is shown below: STOCK: # of shares Price Per Share ,Expected Return,
Eric Poppovich invests money in two stocks for the upcoming year. His investment is shown below: STOCK: # of shares Price Per Share ,Expected Return, Standard Deviation, LBJ Corporation (A) 49.00 $37.29 6.00% 18.00% Duncan Inc. (B) 23.00 $51.15 9.00% 25.00% The correlation between LBJ and Duncan is 0.50. What is the expected return for the portfolio in the coming year?
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