Determine expected return of portfolio


Problem:

Assume that you have $100,000 invested in a stock that is returning 14%, $150,000 invested in a stock that is returning 18%, and $200,000 invested in a stock that is returning 15%.

Required:

Question: What is the expected return of your portfolio?

Note: Please show how you came up with the solution.

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Finance Basics: Determine expected return of portfolio
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