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You have invested in the following portfolio with 4 stocks: Stock Current Market Value Expected Return A $180,000 8% B 145,000 10% C 452,000 10%
You have invested in the following portfolio with 4 stocks:
| Stock | Current Market Value | Expected Return |
| A | $180,000 | 8% |
| B | 145,000 | 10% |
| C | 452,000 | 10% |
| D | 223,000 | 5% |
| $1,000,000 |
What is the expected return of portfolio? Do not round intermediate calculations. Round the answer to two decimal places.
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