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

PERCENTAGE ROUNDING TO $2$ DECIMALS. DO NOT ENTER THE $\%$ SYMBOL..i$.$e$.$ if your

answer is $7\mathrm{.}7711\%,$ enter it as $7\mathrm{.}77$

SET YOUR CALCULATOR TO $4$ DECIMAL PLACES THEN INPUT THE NUMBER AS PERCENTAGE ROUNDING TO $2$ DECIMALS. DO NOT ENTER THE $\%$ SYMBOL..i$.$e$.$ if your answer is $7\mathrm{.}7711\%,$ enter it as $7\mathrm{.}77$

Stock

Amount

Beta

Expected Return

Apple

$$9,893$

$2\mathrm{.}40$

$13\mathrm{.}57\%$

Microsoft

$$8,524$

$0\mathrm{.}73$

$14\mathrm{.}56\%$

Ford

$$5,381$

$1\mathrm{.}95$

$15\mathrm{.}99\%$

Time Warner

$$4,054$

$1\mathrm{.}27$

$13\mathrm{.}31\%$