You own a portfolio of two stocks, A and B. Stock A is valued at $9,386 and has an expected return of 13.08 percent. Stock B has an expected return of 7.18 percent. What is the expected return (in percent) on the portfolio if the portfolio value is $14,567? Answer to two decimals

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
Problem 6PROB
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You own a portfolio of two stocks, A and B. Stock A is valued at $9,386 and has an expected return of 13.08 percent. Stock B has an expected return of 7.18 percent. What is the expected return (in percent) on the portfolio if the portfolio value is $14,567?

Answer to two decimals

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