A portfolio is invested 10 percent in stock g 25 percent in, Financial Management

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A portfolio is invested 10 percent in stock g 25 percent in

A portfolio is invested 10 percent in Stock G, 25 percent in Stock J, and 65 percent in Stock K. The expected returns on these stocks are 10.5 percent, 13 percent, and 18.4 percent, respectively.

What is the portfolio’s expected return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Expected return %

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