Question: PLEASE help me with these two finance questions!! Show work please! Thanks! You have $56,000. You put 16% of your money in a stock with

PLEASE help me with these two finance questions!! Show work please! Thanks!

PLEASE help me with these two finance questions!! Show work please! Thanks! You have $56,000. You put 16% of your money in a stock

You have $56,000. You put 16% of your money in a stock with an expected return of 13%, $31,000 in a stock with an expected return of 16%, and the rest in a stock with an expected return of 18%. What is the expected return of your portfolio? The expected return of your portfolio is %. (Round to two decimal places.)

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