You own a portfolio that has $2,450 invested in Stock A and $3,250 invested in Stock B. If the expected returns on these stocks are 13 percent and 15 percent, respectively, what is the expected return on the portfolio?(Do not round your intermediate calculations.)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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You own a portfolio that has $2,450 invested in Stock A and $3,250 invested in Stock B.
If the expected returns on these stocks are 13 percent and 15 percent, respectively, what
is the expected return on the portfolio?(Do not round your intermediate calculations.)
Transcribed Image Text:You own a portfolio that has $2,450 invested in Stock A and $3,250 invested in Stock B. If the expected returns on these stocks are 13 percent and 15 percent, respectively, what is the expected return on the portfolio?(Do not round your intermediate calculations.)
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