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Use the following information to answer the next four questions. You invested $12,000 in Stock P and $18,000 in Stock Q in 2013. Year Stock
Use the following information to answer the next four questions.
You invested $12,000 in Stock P and $18,000 in Stock Q in 2013.
Year | Stock Ps Return | Stock Q's Return |
2017 | -.10 | -.17 |
2016 | .12 | .09 |
2015 | .15 | -.05 |
2014 | -.06 | .13 |
2013 | .19 | -.10 |
Find your portfolio's average return. Round intermediate steps and your final answer to four decimals and enter it in decimal format (EX: .XXXX).
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