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Use the following information to answer the next six questions. Stock 2020 Return 2019 Return 2018 Return A 0.14 -0.09 0.25 B 0.18 0.12 0.06
Use the following information to answer the next six questions.
Stock | 2020 Return | 2019 Return | 2018 Return |
A | 0.14 | -0.09 | 0.25 |
B | 0.18 | 0.12 | 0.06 |
Suppose you created a portfolio by investing $6000 in stock A and $4000 in stock B in 2018. Find your portfolio's average return from 2018-2020. Round intermediate steps and your final answer to four decimals and enter your answer in decimal form (EX: .XXXX).
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