You have the following information about your stock portfolio. You own 2 ,000 shares of Stock A which sells for $ 11 with an expected return of 3 %. 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 8 ,000 shares of Stock D which sells for $ 16 with an expected return of 15 %. What is the expected return on your portfolio? Show your answer to the nearest .01%.

Answer rating: 100% (QA)

To calculate the expected return on your portfolio we need to calculate the weighted average of the ... View the full answer