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You invested $ 50,000 in the following stocks: Stock Amount Beta ABC $ 6,000 0.74 DEF $ 9,500 1.14 GHI $ 6,000 1.29 JKL $
You invested $ 50,000 in the following stocks:
Stock | Amount | Beta | ||
ABC | $ 6,000 | 0.74 | ||
DEF | $ 9,500 | 1.14 | ||
GHI | $ 6,000 | 1.29 | ||
JKL | $ 28,500 | 1.09 |
If the risk-free rate is 4.4 percent and the market risk premium is 7.4 percent, what is the expected return on your portfolio? (Round intermediate calculations to 4 decimal places, e.g. 0.3612 and the final answer to 2 decimal places, e.g. 12.36%.)
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