Question: Problem 11-2 Portfolio Expected Return [LO 1] You own a portfolio that has $2,800 invested in Stock A and $3,900 invested in Stock B.

Problem 11-2 Portfolio Expected Return [LO 1] You own a portfolio that has $2,800 invested in Stock A and $3,900 invested in Stock B. Assume the expected returns on these stocks are 9 percent and 15 percent, respectively. What is the expected return on the portfolio? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Expected return %

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