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You own a portfolio consisting of five securities as follows: Security Number of shares Price/share Expected Return A 200 $ 16.00 18.60% B 300 $
You own a portfolio consisting of five securities as follows:
| Security | Number of shares | Price/share | Expected Return |
| A | 200 | $ 16.00 | 18.60% |
| B | 300 | $ 12.00 | 12.10% |
| C | 400 | $ 14.00 | 7.20% |
| D | 500 | $ 10.00 | 11.70% |
| E | 600 | $ 20.00 | 24.30% |
What is the expected return of this portfolio?
(Round your answer to the nearest hundredth; two decimal places)
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Basic Finance An Introduction To Financial Institutions, Investments And Management
Authors: Herbert B Mayo
9th Edition
0324322291, 9780324322293
