Your portfolio has an expected return of 211 The portfoli.pdf

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Your portfolio has an expected return of 21.1%. The portfolio includes two stocks. The first stock has a weight of 0.60 and the second has a weight of 0.40. If the expected return on the first stock is 30%, then what is the expected return on the second stock in percentage terms? Express you answer in percentage terms and round to two decimal places (i.e. X.YY).

Your portfolio has an expected return of 21.1%. The portfolio includes two stocks. The first stock
has a weight of 0.60 and the second has a weight of 0.40. If the expected return on the first stock
is 30%, then what is the expected return on the second stock in percentage terms?
Express you answer in percentage terms and round to two decimal places (i.e. X.YY)

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