A portfolio consists of $15,400 in Stock M and $23,900 invested in Stock N. The expected return on these stocks is 9.20 percent and 12.60 percent, respectively. What is the expected return on the portfolio? Multiple Choice O 11.27% 10.53%

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter3: Risk And Return: Part Ii
Section: Chapter Questions
Problem 3P: Two-Asset Portfolio Stock A has an expected return of 12% and a standard deviation of 40%. Stock B...
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A portfolio consists of $15,400 in Stock M and $23,900 invested in Stock N. The expected return on these stocks is 9.20 percent and 12.60
percent, respectively. What is the expected return on the portfolio?
Multiple Choice
O
о
11.27%
10.53%
11.93%
9.65%
Transcribed Image Text:A portfolio consists of $15,400 in Stock M and $23,900 invested in Stock N. The expected return on these stocks is 9.20 percent and 12.60 percent, respectively. What is the expected return on the portfolio? Multiple Choice O о 11.27% 10.53% 11.93% 9.65%
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