Kelly invested in two stocks. She put 45% into stock A, which has an expected return of 10.8%, and the rest into stock B
Posted: Wed May 18, 2022 11:49 pm
Kelly invested in two stocks. She put 45% into stock A, which has an expected return of 10.8%, and the rest into stock B, with an expected return of 19.4%. 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).