Problem 11-24 Calculating Portfolio Weights and Expected Return [LO 1]

You have a portfolio with the following:

Stock	Number of Shares	Price	Expected Return
W	750	$ 47	14%
X	650	24	18
Y	400	60	16
Z	625	45	17

Required:

What is the expected return of your portfolio? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Expected return of the portfolio

%