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You are considering investing in three stocks with the following expected returns: Stock A 6 % Stock B 14 Stock C 24 What is the

You are considering investing in three stocks with the following expected returns:

Stock A 6 %
Stock B 14
Stock C 24

What is the expected return on the portfolio if an equal amount is invested in each stock? Round your answer to two decimal places.

%

What would be the expected return if 58 percent of your funds is invested in stock A and the remaining funds are split evenly between stocks B and C? Round your answer to two decimal places.

%

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