If you have $8,000 invested in each of two stocks whose expected rates of return are...

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Finance

If you have $8,000 invested in each of two stocks whose expectedrates of return are 9% and 11% respectively, $15,000 invested in astock whose expected return is 10%, $20,000 invested in a stockwhose return is 12%, and $10,000 invested in a stock whose returnis 14%, what is the expected return on yourportfolio?

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The return of a portfolio is the weighted average return of thesecurities    See Answer
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If you have $8,000 invested in each of two stocks whose expectedrates of return are 9% and 11% respectively, $15,000 invested in astock whose expected return is 10%, $20,000 invested in a stockwhose return is 12%, and $10,000 invested in a stock whose returnis 14%, what is the expected return on yourportfolio?

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