1. Portfolio Expected Return An investor puts 32% of their money in Stock 1 with a 10.65% expected return, 17% of their money in Stock 2 with a 11.45% expected return and the rest in Stock 3 with an expected return of 14.05%. What is the portfolio's expected return?
2. In 250 words describe why does Mansueto recommend investing early in life, even in high school?
3. Why might someone expect higher sales growth to result in higher cash flow and higher share value? And in which situations is this not always the case?