You own a portfolio that is 60% invested in Stock X, 25% in stock Y and balance in Stock Z. The excepted returns on these stocks are 12%, 16% and 19% respectively. What is the expected return on the portfolio?
You own a portfolio that is 60% invested in Stock X, 25% in stock Y and balance in Stock Z. The excepted returns on these stocks are 12%, 16% and 19% respectively. What is the expected return on the portfolio?
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