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please check if answers are correct Question 18 5 pts Suppose you allocate 3/5 of your portfolio value to a stock that has an expected

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Question 18 5 pts Suppose you allocate 3/5 of your portfolio value to a stock that has an expected return of 6% and the rest to another stock that has an expected return of 15%. What is the expected return on your two-stock portfolio? Note: Show your answer in units of percents, use plain numbers with at least two digits after the decimal (eg, for 12.34%, type 12.34). 9.6 Question 19 5 pts With a 8% annual rate of return, compounded monthly, how much will you need to save every month to have $1,000,000 at age 65 if you begin saving at age 302 435.94 Question 20 5 pts You currently earn $120,000 per year and plan to deposit 10% of your salary in a 401(k) account that you expect to earn 6% per year. You also expect that your salary will increase 2% per year. You plan to make a deposit to your account at the end of each year for the next 20 years, after which you will retire. How much money will you have in your account when you retire? 11.116,859.98

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