Question: Homework: Chapter 12 Homework Problems Question 1, P 12-5 (similar to) > HW Score: 10%, 2 of 20 points Points: 0 of 1 Save You

 Homework: Chapter 12 Homework Problems Question 1, P 12-5 (similar to)

Homework: Chapter 12 Homework Problems Question 1, P 12-5 (similar to) > HW Score: 10%, 2 of 20 points Points: 0 of 1 Save You have $69,000. You put 15% of your money in a stock with an expected return of 12%, $32,000 in a stock with an expected return of 13%, and the rest in a stock with an expected return of 20%. What is the expected return of your portfolio? The expected return of your portfolio is %. (Round to two decimal places.)

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