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You decide to form a portfolio of the following amounts invested in the following stocks. What is the expected return of the portfolio? SET YOUR

You decide to form a portfolio of the following amounts invested in the following stocks. What is the expected return of the portfolio?

SET YOUR CALCULATOR TO 4 DECIMAL PLACES THEN ROUND TO 2 DECIMALS. DO NOT ENTER THE % SYMBOL..i.e. if your answer is 7.7722%, enter it as 7.77

Stock Amount Beta Expected Return
Apple $8,000 2.40 19,7%
Microsoft $6,000 0.73 14,05%
Ford $4,000 1.95 10,74%
Time Warner $2,000 1.27 16,9%

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