You have the following information about your stock portfolio. You own 9 ,000 shares of Stock A
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Question:
You have the following information about your stock portfolio. You own 9 ,000 shares of Stock A which sells for $ 14 with an expected return of 10 %. You own 2,000 shares of Stock B which sells for $10 with an expected return of 6%. You own 4,000 shares of Stock C which sells for $12 with an expected return of 9%. You own 7 ,000 shares of Stock D which sells for $ 13 with an expected return of 17 %. What is the expected return on your portfolio? Show your answer to the nearest .01%.
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