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A portfolio is invested 15 percent in Stock G 60 percent

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A portfolio is invested 15 percent in Stock G 60 percent

 

A portfolio is invested 15 percent in Stock G, 60 percent in Stock J, and 25 percent in Stock K. The expected returns on these stocks are 12 percent, 18 percent, and 23 percent, respectively. What is the portfolio’s expected return?

Multiple Choice

  • 19.27%
  • 19.08%
  • 14.13%
  • 18.35%
  • 17.43%

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