Question
Jack holds a portfolio with the following securities: Security Investment Return Stock A 946,930 -8.0% Stock B 551,321 12.2% Stock C 363,344 4.4% Calculate the
Jack holds a portfolio with the following securities:
| Security | Investment | Return |
|---|---|---|
| Stock A | 946,930 | -8.0% |
| Stock B | 551,321 | 12.2% |
| Stock C | 363,344 | 4.4% |
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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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
