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Following the Warren Buffett strategy of Buy what you understand, you decide to create a two stock portfolio consisting of Facebook (FB) and Twitter (TWTR)
Following the Warren Buffett strategy of Buy what you understand, you decide to create a two stock portfolio consisting of Facebook (FB) and Twitter (TWTR) stock. With your graduation present, you make the following investments:
| STOCK: | # of shares: | Price Per share: | Expected Return: | Standard Deviation |
|---|---|---|---|---|
| 60.00 | $50.00 | 10.00% | 20.00% | |
| 50.00 | $40.00 | 15.00% | 40.00% |
What is the expected return of the portfolio?
Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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