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Suppose you have $2,290 in cash to invest. You decide to short sell $1,501 worth of Coca-Cola stock and invest the proceeds from your short
Suppose you have $2,290 in cash to invest. You decide to short sell $1,501 worth of Coca-Cola stock and invest the proceeds from your short sale, plus your $2,290 in Intel. If the expected return on Intel is 20% and the expected return on Coca-Cola is 6%, what is the expected return of your portfolio? Report your answer in decimal form and round to 4 decimal points.
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