Question
You have $65,000. You put 21?% of your money in a stock with an expected return of 15?%, $31,000 in a stock with an expected
You have $65,000.
You put 21?% of your money in a stock with an expected return of 15?%, $31,000 in a stock with an expected return of 13?%, and the rest in a stock with an expected return of 19?%.
What is the expected return of your? portfolio?
The expected return of your portfolio is? (Round to two decimal? places.)
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
132148234, 978-0132148238
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