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Last year stock A had a return of 10 percent and stock B had a return of 11 percent. If you held each stock equally
Last year stock A had a return of 10 percent and stock B had a return of 11 percent. If you held each stock equally in a portfolio (i.e. 50% in A and 50% in B), what would the return of your portfolio have been? ENTER YOUR ANSWER AS A PERCENTAGE WITH ONE DECIMAL PLACE (e.g., 12.1) AND NOT AS A DECIMAL (e.g., 0.121). ROUND TO THE NEAREST TENTH OF A PERCENT. DO NOT USE THE PERCENT SIGN (%) IN YOUR ANSWER.
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