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One day, you decided to buy shares of stock from your two all time favorite companies, the Cheesecake Factory and Apple. The expected return on

One day, you decided to buy shares of stock from your two all time favorite companies, the Cheesecake Factory and Apple.

  • The expected return on the Cheesecake Factory's stock is 11.4% per year.
  • The expected return on Apple's stock is 17.8% per year.
  • You bought 45 shares of the Cheesecake Factory's stock for $64 per share.
  • You bought 46 shares of Apple's stock for $223 per share.

What is the expected return on your portfolio investment?

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