Question: Problem 11-2 Portfolio Expected Return [LO 1] 16 You own a portfolio that has $1,600 invested in Stock A and $2,700 invested in Stock B

 Problem 11-2 Portfolio Expected Return [LO 1] 16 You own a

Problem 11-2 Portfolio Expected Return [LO 1] 16 You own a portfolio that has $1,600 invested in Stock A and $2,700 invested in Stock B Assume the expected returns on these stocks are 11 percent and 17 percent, respectively. What is the expected return on the portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 2.5 points ook Expected return % References

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