You own a portfolio that consists of $17,800 in Stock X with an expected return of 10.20 percent and $29.900 invested in Stock Y with an expected return of 10.80 percent. What is the expected return on your portfolio? a. 10.58% b. 11.54% c. 13.13% d. 12.00% e. 12.46%

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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22- You own a portfolio that consists of $17,800 in Stock X with an expected return of
10.20 percent and $29.900 invested in Stock Y with an expected return of 10.80
percent. What is the expected return on your portfolio?

a. 10.58%
b. 11.54%
c. 13.13%
d. 12.00%
e. 12.46%

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