Question
You have $70,000. You put 20% of your money in a stock with an expected return of 12%, $30,000 in a stock with an expected
You have $70,000. You put 20% of your money in a stock with an expected return of 12%,
$30,000 in a stock with an expected return of 15%, and the rest in a stock with an expected
return of 20%. What is the expected return of your portfolio?
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Horngrens Accounting
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
12th edition
978-0134674681
