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
Posted: Sun Jul 10, 2022 10:23 am
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).