Question
You own a portfolio of two stocks, M and N. Stock M is valued at $3,500 and has an expected return of 12 percent. Stock
You own a portfolio of two stocks, M and N. Stock M is valued at $3,500 and has an expected return of 12 percent. Stock N is valued at $2,500 has an expected return of 8 percent. What is the expected return on the portfolio?
Group of answer choices
10.33%
10%
9.67%
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Applied International Finance
Authors: Thomas J O'Brien
1st Edition
1606497340, 9781606497340
