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Richie holds a stock portfolio of two stocks. The portfolio's return is the weighted average of the returns of the component stocks. Stock A had

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Richie holds a stock portfolio of two stocks. The portfolio's return is the weighted average of the returns of the component stocks. Stock A had a return of 8.0% and Stock B had a return of 13.0%. If Stock A constitutes 40% of Richie's stock portfolio, what is the return on the portfolio? 11.496 11.2% 10.19% 11.0% 10.4% Jordan has a three-stock portfolio. The returns of the three stocks are shown below: Stock X makes up 20% of Jordan's portfolio, and the portfolio has a return of 10.0%. How much of Jordan's portfolio consists of Stock Y? 40% 60% 30% 50% 80%

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