Kelly invested in two stocks. She put 52% into stock A, which has an expected return of 11.8%, and the rest into stock B
Posted: Wed May 18, 2022 11:40 pm
Kelly invested in two stocks. She put 52% into stock A, which has an expected return of 11.8%, and the rest into stock B, with an expected return of 18.3%. What is the expected return of her portfolio? (Note: Round your answer to 3 decimal places. For example, if your answer is 8.7%, you should write 0.087 in the answer box. DO NOT write 8.7 in the box as you will be marked wrong).