Question
You have $63,000. You put 23% of your money in a stock with an expected return of 12%, $39,000 in a stock with an expected
You have $63,000. You put 23% of your money in a stock with an expected return of 12%, $39,000
in a stock with an expected return of 13%, and the rest in a stock with an expected return of 21%.
What is the expected return of your portfolio?
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The expected return of your portfolio is approximately 1581 Heres how to calculate it Calculate the ...Get Instant Access to Expert-Tailored Solutions
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Global Edition
1292437154, 978-1292437156
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