Question
You have $60,000. You put 24?% of your money in a stock with an expected return of 15?%, $30,000 in a stock with an expected
You have $60,000. You put 24?% of your money in a stock with an expected return of 15?%, $30,000 in a stock with an expected return of 17?%, and the rest in a stock with an expected return of 21?%. What is the expected return of your? portfolio?
The expected return of your portfolio is?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
7th Edition
1259919714, 978-1259919718
