You own a portfolio that has $2,000 invested in Stock A and $3,100 invested in Stock B

Finance Aug 16, 2020

You own a portfolio that has $2,000 invested in Stock A and $3,100 invested in Stock B. Assume the expected returns on these stocks are 10 percent and 16 percent respectively. What is the expected return on the portfolio? ( answer needed as a percent rounded to 2 decimal places, e.g., 42.13%)

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Expected return on portfolio = 13.65%

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