You own a portfolio that is 20 percent invested in Stock X, 35percent in Stock Y, and
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You own a portfolio that is 20 percent invested in Stock X, 35percent in Stock Y, and 45 percent in Stock Z. The expected returnson these three stocks are 8 percent, 11 percent, and 13 percent,respectively.
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What is the expected return on theportfolio? (Do not round intermediatecalculations. Enter your answer as a percentagerounded to 2 decimal places (e.g.,32.16).) |
Expected return onthe portfolio | % |
Related Book For
Corporate Finance Core Principles And Applications
ISBN: 9781260571127
6th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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