You own a portfolio that has $2,200 invested in Stock A and $3,200 invested in Stock B. If the expected returns on these stocks are 7 percent and 10 percent, respectively, what is the expected return on the portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)
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Home » Business » You own a portfolio that has $2,200 invested in Stock A and $3,200 invested in Stock B. If the expected returns on these stocks are 7 percent and 10 percent, respectively, what is the expected return on the portfolio?