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You are analyzing a stock that has the following returns given the various states of economy. You own a portfolio consisting of five securities as

You are analyzing a stock that has the following returns given the various states of economy.

You own a portfolio consisting of five securities as follows:

Security Number of shares Price/share Expected Return
A 200 $ 16.00 17.80%
B 300 $ 12.00 12.10%
C 400 $ 14.00 4.40%
D 500 $ 10.00 11.70%
E 600 $ 20.00 24.30%

What is the expected return of this whole portfolio?

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