Calculate the expected return of the portfolio

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Reference no: EM132645526

You own a portfolio that comprises 2 assets:

  • 1,000 shares of company X each valued at $5 with an expected return of 8% pa
  • 1,500 shares of company Y each valued at $2 with an expected return of 12% pa

Calculate the expected return of the portfolio. Give your answer as a percentage per annum to 1 decimal place.

Reference no: EM132645526

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