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Problem 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
Problem 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 | 0.15 | ||
Starbucks | $22,000 | -0.04 | ||
Harley Davidson | $37,000 | 0.18 | ||
Intel | $28,000 | 0.17 | ||
Walgreens | $6,000 | 0.12 |
Do not round intermediate calculations. Round your answer to three decimal places.
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