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P 6-02 Given the following market values of stocks in your portfolio and their expected rates of return, what is the expected rate of return

P 6-02

Given the following market values of stocks in your portfolio and their expected rates of return, what is the expected rate of return for your common stock portfolio?

Stock Market Value ($ Mil.) E(Ri)
Disney $18,000 0.16
Starbucks $21,000 -0.06
Harley Davidson $41,000 0.20
Intel $25,000 0.19
Walgreens $7,000 0.14

Do not round intermediate calculations. Round your answer to three decimal places.

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