You have invested $12,000 in AAA stock, $8,000 in BBB stock, and $6,000 in CCC stock. If you expect the return on AAA to be 5% in the next year, the return on BBB to be 3%, and the return on CCC to be 8%, what is the expected return for your portfolio?

Answer rating: 100% (QA)

To calculate the expected return for your portfolio we need to calculate the weighted average return ... View the full answer