Question
The expected returns on Stock A, Stock B, and Stock C are 12%, 14%, and 18%, respectively. If a portfolio is 28% invested in Stock
The expected returns on Stock A, Stock B, and Stock C are 12%, 14%, and 18%, respectively. If a portfolio is 28% invested in Stock A, 46% invested in Stock B, and 26% invested in Stock C, what is the expected return on this portfolio?
round to 2 decimals
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Personal Finance
Authors: E Thomas Garman, Raymond E Forgue
10th Edition
143903902X, 9781439039021
