Problem 8-06

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

Stock	Expected Return
A	17	%
B	12
C	18
D	8

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

Stock	Realized Return
A	-1	%
B	29
C	4
D	-1

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

Expected return: %

Realized return: %