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vlabodo [156]
2 years ago
7

You own a portfolio that has $2,100 invested in Stock A and $3,200 invested in Stock B. If the expected returns on these stocks

are 13 percent and 17 percent, respectively, what is the expected return on the portfolio?
Business
1 answer:
BigorU [14]2 years ago
4 0
Stock A: $2,100, 13%
Stock B: $3,200 17%

Stock A-> 2100 x .13 = 273
Stock B -> 3200 x .17 = 544

Add
273 + 544 = 817

Expected return is $817
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Answer:

Total Asset Turnover: 2.2857

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Begininng Balance           2,450,000        

       

Ending Balance              2,800,000          

       

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<u>                  6,000,000               </u>

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