Returns on stocks X and Y are listed below: Period Stock X Stock Y 1 9% -4% 2 5% 3% 3 6% 10% -2% 7% 5 1% 5% 6 -3% -3% 7

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Returns On Stocks X And Y Are Listed Below Period Stock X Stock Y 1 9 4 2 5 3 3 6 10 2 7 5 1 5 6 3 3 7 1 (13.76 KiB) Viewed 114 times

Returns on stocks X and Y are listed below: Period Stock X Stock Y 1 9% -4% 2 5% 3% 3 6% 10% -2% 7% 5 1% 5% 6 -3% -3% 7 11% 2% Consider a portfolio of 40% stock X and 60% stock Y. What is the mean of portfolio returns? Please specify your answer in decimal terms and round your answer to the nearest thousandth (e.g., enter 12.3 percent as 0.123).