Question: please use cells for answer You own a portfolio that is invested 15 percent in Stock X,35 percent in Stock Y, and 50 percent in
please use cells for answer
You own a portfolio that is invested 15 percent in Stock X,35 percent in Stock Y, and 50 percent in Stock Z. The expected returns on these three stocks are 9 percent, 15 percent, and 12 percent, respectively. What is the expected return on the portfolio? Input area: \begin{tabular}{|lr|} \hline Weight of X & 0.15 \\ Weight of Y & 0.35 \\ Weight of Z & 0.50 \\ Stock XE(R) & 9.00% \\ Stock YE(R) & 15.00% \\ Stock ZE(R) & 12.00% \\ \hline \end{tabular} (Use cells A6 to B11 from the given information to complete this question.)
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