Consider a $45,000 portfolio consisting of three stocks. Their values and expected returns are as follows:
Stock | Investment | Expected Return | |||
A | $ 5,000 | 14 | % | ||
B | 20,000 | 8 | |||
C | 20,000 | 15 |
What is the weighted-average expected return on the portfolio? Round your answer to one decimal place.
Get Answers For Free
Most questions answered within 1 hours.