HNL has an expected return of 18% and KOA has an expected return of 22% f you create a portfolio that is 60% HNL and 40% KOA, what is the expected return of the portfolio? The expected returm of the portfolio is % (Round to two decimal places.)

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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### Portfolio Expected Return Calculation

HNJ has an expected return of 18% and KOA has an expected return of 22%. If you create a portfolio that is 60% HNJ and 40% KOA, what is the expected return of the portfolio?

The expected return of the portfolio is [  ]%  (Round to two decimal places.)
Transcribed Image Text:### Portfolio Expected Return Calculation HNJ has an expected return of 18% and KOA has an expected return of 22%. If you create a portfolio that is 60% HNJ and 40% KOA, what is the expected return of the portfolio? The expected return of the portfolio is [ ]% (Round to two decimal places.)
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