You have $63,000. You put 23% of your money in a stock with an expected return of
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Question:
You have $63,000. You put 23% of your money in a stock with an expected return of 12%, $39,000
in a stock with an expected return of 13%, and the rest in a stock with an expected return of 21%.
What is the expected return of your portfolio?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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