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You have ​$58,000. You put 20​% of your money in a stock with an expected return of 11​%, ​$36,000 in a stock with an ex

Posted: Tue Apr 26, 2022 11:48 am
by answerhappygod
You have ​$58,000. You put 20​% of your money in a stock with an
expected return of 11​%, ​$36,000 in a stock with an expected
return of 15​%, and the rest in a stock with an expected return of
20​%.
The expected return of your portfolio is ___%. (Round to two
decimal​ places.)