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Problem 9-10 A portfolio consists of the following four stocks in the table. Stock Current Market Value Expected Return A $180000 8% B 145000 10%
Problem 9-10
A portfolio consists of the following four stocks in the table.
Stock | Current Market Value | Expected Return |
A | $180000 | 8% |
B | 145000 | 10% |
C | 452000 | 17% |
D | 223000 | 5% |
$1000000 |
What is the expected return of the portfolio? Do not round intermediate calculations. Round the answer to two decimal places.
%
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