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Toyota Corp.'s stock is $28 per share. Its expected return is 24% and variance is 10%. Honda Corp.'s stock is $23 per share. Its expected
Toyota Corp.'s stock is $28 per share. Its expected return is 24% and variance is 10%. Honda Corp.'s stock is $23 per share. Its expected return is 17% and variance is 9%. Benz Corp.'s stock is $48 per share. Its expected return is 14% and variance 6%. What would be the expected return of a portfolio consisting of 50% Toyota and 50% Honda? % * Place your answer in percentage form, say 5.99% and not .0599
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