Problem 8-06

You expect to invest your funds equally in four stocks with the following expected returns:

Stock	Expected Return
A	15	%
B	10
C	18
D	7

At the end of the year, each stock had the following realized returns:

Stock	Realized Return
A	-9	%
B	28
C	2
D	-6

Compare the portfolios expected and realized returns. Round your answers to two decimal places.

Expected return: %

Realized return: %