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) Stock X has a return of 20% and stock Y has a return of 30%. If you put 60% of your money in X
) Stock X has a return of 20% and stock Y has a return of 30%. If you put 60% of your money in X and 40% in Y, what is the return of your portfolio? (Ch13)
a. 28.0%
b. 19.6%
c. 24.0%
d. 25.6%
e. 17.0%
I know the answer but I dont know how to get it, please show work
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