Jenny davis inherited a 100000 portfolio of investments


Jenny Davis inherited a? $100,000 portfolio of investments from her grandparents when she turned 21 years of age. The portfolio is comprised of the following three? investments:

Investments Expected return (%) $ value

Treasury Bonds 3.2 35000

National Australia Bank 6.1 20000

Bendigo & Adelaide bank 13.7 45000

Based on the current portfolio composition and the given expected rates of? return, What is the expected rate of return for? Jenny's portfolio ?

The expected rate of return is _____%

?(Round to two decimal? places.)

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