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You own a portfolio that has 3100 invested in stock a and

You own a portfolio that has $3,100 invested in Stock A and $4,100 invested in Stock B. If the expected returns on these stocks are 9 percent and 12 percent, respectively, what is the expected return on the portfolio? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

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Finance Basics: You own a portfolio that has 3100 invested in stock a and

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Finance Basics: You own a portfolio that has 3100 invested in stock a and

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