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Kelly invested in two stocks. She put 50% into stock A, which has an expected return of 9.9%, and the rest into stock B, with
Kelly invested in two stocks. She put 50% into stock A, which has an expected return of 9.9%, and the rest into stock B, with an expected return of 19.0%. What is the expected return of her portfolio? (Note: Round your answer to 3 decimal places. For example, if your answer is 8.7%, you should write 0.087 in the answer box. DO NOT write 8.7 in the box as you will be marked wrong).
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