You own a portfolio that is 38 percent invested in Stock X, 22percent in Stock Y, and 40 percent in Stock Z. The expected returnson these three stocks are 10 percent, 15 percent, and 12 percent,respectively. What is the expected return on the portfolio? (Do notround intermediate calculations. Enter your answer as a percentrounded to 2 decimal places, e.g., 32.16.) Portfolio expectedreturn %

Answer rating: 100% (QA)

To calculate the expected return on the portfolio we need to multiply the weight ... View the full answer