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You have $62,000. You put 20% of your money in a stock with an expected return of 13%, $38,000 in a stock with an expected re
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Answer #1
Investment Expected Return
(62000*20%)=12400 13%
38000 16%
(62000-12400-38000)=11600 22%
Total=62000

Portfolio return=Respective return*Respective weight

=(12400/62000*13)+(38000/62000*16)+(11600/62000*22)

=16.52%(Approx).

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