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Assume that you have $33,000 invested in a stock that is returning 10.8%, $15,000 invested in a stock that is returning 21.7%, and $49,000 invested in a stock that is returning 11.3%. The expected return of your portfolio is ______ %. Round to the nearest 0.01% (drop the % symbol). E.g., if your answer is 21.93%, record it as 21.93.

Assume that you have $33,000 invested in a stock that is returning 10.8%, $15,000 invested in a stock that is returning 21.7%, and $49,000 invested in a stock that is returning 11.3%. The expected return of your portfolio is ______ %. Round to the nearest 0.01% (drop the % symbol). E.g., if your answer is 21.93%, record it as 21.93.

Essentials Of Investments
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
Section: Chapter Questions
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Assume that you have $33,000 invested in a stock that is returning 10.8%, $15,000 invested in a stock that is returning 21.7%, and $49,000 invested in a stock that is returning 11.3%. The expected return of your portfolio is ______ %. Round to the nearest 0.01% (drop the % symbol). E.g., if your answer is 21.93%, record it as 21.93.

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