Question: David Brown has $ 1 7 , 8 8 5 . 0 0 invested in American Cyanamid, $ 2 8 , 2 0 8 .
David Brown has $ invested in American Cyanamid, $ in Gannett Company, and $ in Texas International. If American Cyanamid has an expected return of Gannett an expected return of and Texas International an expected return of what is the portfolio's expected return? Answer the number of percentage, eg if your answer is answer in the answering area. Do not round intermediate calculations. Round your answer to decimal places.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
