You have $59,000. You put 24% of your money in a stock with an expected return of 13%, $37,000 in a stock with an expected return of 16%, and the rest in a stock with an expected return of 19%. What is the expected return of your portfolio? The expected return of your portfolio is ?96. (Round to two decimal places.)

Answer rating: 100% (QA)

To calculate the expected return of your portfolio you need to first calculate the weighted av... View the full answer