Question
You are going to form a portfolio using the following two companies: Walker Incorporated and Manning Incorporated. You will invest $4,187.00 in Walker Incorporated, and
You are going to form a portfolio using the following two companies: Walker Incorporated and Manning Incorporated. You will invest $4,187.00 in Walker Incorporated, and will also invest $5,319.00 in Manning Incorporated. The expected return on Walker Incorporated in the next year is 5.02%, while the expected return on Manning Incorporated is 8.95%.
What is the expected return on your portfolio?
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Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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