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Jack holds a portfolio with the following securities: Security Investment Return Stock A 518,772 6.7% Stock B 393,867 3.0% Stock C 736,703 7.2% Calculate the
Jack holds a portfolio with the following securities:
Security | Investment | Return |
---|---|---|
Stock A | 518,772 | 6.7% |
Stock B | 393,867 | 3.0% |
Stock C | 736,703 | 7.2% |
Calculate the expected return of portfolio. Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)
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