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You own a portfolio that has $3042 invested in Stock A and $4170 invested in Stock B. If the expected returns on these stocks are
You own a portfolio that has $3042 invested in Stock A and $4170 invested in Stock B. If the expected returns on these stocks are 8 percent and 10 percent, respectively, what is the expected return on the portfolio?
(Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 2 decimal places. For example, 0.12345 or 12.345% should be entered as 12.35.)
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