In: Finance
You own a portfolio that has $2,250 invested in Stock A and $3,450 invested in Stock B. If the expected returns on these stocks are 11 percent and 17 percent, respectively, what is the expected return on the portfolio?
Ans $ 834
Stock | INVESTMENT (i) | Return (ii) | Investment* Return (i)* (ii) |
A | 2,250 | 11% | 247.50 |
B | 3,450 | 17% | 586.50 |
Total | 5,700 | 834.00 |