Question
You own a portfolio that has $1,500 invested in Stock A and $2,600 invested in Stock B. Assume the expected returns on these stocks are
| You own a portfolio that has $1,500 invested in Stock A and $2,600 invested in Stock B. Assume the expected returns on these stocks are 10 percent and 16 percent, respectively. |
| Required: |
| What is the expected return on the portfolio? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) |
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Public Finance And Public Policy
Authors: Arye L. Hillman
2nd Edition
0521738059, 978-0521738057
