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Kelly invested in two stocks. She put 44% into stock A, which has an expected return of 7.3%, and the rest into stock B,

Posted: Wed May 18, 2022 11:52 pm
by answerhappygod
Kelly invested in two stocks. She put 44% into stock A, which
has an expected return of 7.3%, and the rest into stock B, with an
expected return of 18.9%. 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.