Problem 9-11

Laurel Wilson has a portfolio of five stocks. The stocks' actual investment performance last year is given below along with an estimate of this year's performance.

	Last Year		This Year
Stock	Investment	Return	Investment	Return
A	$50000	8.0%	$55000	8.5%
B	40000	6.0	40000	7.0
C	80000	4.5	60000	4.5
D	20000	12.0	45000	11.0
E	60000	3.0	50000	5.0

Compute the actual return on Laurel's overall portfolio last year. Round the answer to two decimal places. %

Compute Laurel's expected return this year. Round the answer to two decimal places. %