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Jack holds a portfolio with the following securities: Security Investment Return Stock A 339,649 10.8% Stock B 545,471 11.0% Stock C 508,377 3.5% Calculate the
Jack holds a portfolio with the following securities:
Security | Investment | Return |
---|---|---|
Stock A | 339,649 | 10.8% |
Stock B | 545,471 | 11.0% |
Stock C | 508,377 | 3.5% |
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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