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Suppose you had held a portfolio consisting of 66.0% of Stock A and 34.0% of Stock B. The historic returns of these stocks for your

Suppose you had held a portfolio consisting of 66.0% of Stock A and 34.0% of Stock B. The historic returns of these stocks for your investment period are given in the table below. Calculate the average annual return for the portfolio.

Year return (A) return (B)
2009 -14.00% 37.00%
2010 1.00% 5.00%
2011 -14.00% 11.00%
2012 23.00% -9.00%
2013 4.00% -30.00%

0.15%

-2.33%

0.95%

-1.36%

2.57%

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