Round the final answers to 2 decimals. Do not round intermediate calculations.

Please include the formula if there is any and the process through which you get the answers for the questions providing a text box. These are an important part of grades. For example, for a question computing the number of periods, you can report t = -ln[1-6400/205*1.5%]/ln(1+1.5%) = 42.43 months or =NPER(1.5%,-205,6400) = 42.43 months.

You own a portfolio of two stocks, A and B. Stock A is valued at $80,000 and has an expected return of 10 percent. Stock B has an expected return of 6 percent. What is the expected return on the portfolio if the total portfolio value is $150,000?