Akai has a portfolio of three assets. Find the expected rate of return for the portfolio assuming

Question:

Akai has a of three assets. Find the expected rate of return for the assuming he invests 50 percent of its money in asset A with 10 percent of return, 30 percent in asset B with a rate of return of 20 percent, and the rest in asset C with 30 percent rate of return.
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...