Finding the return for stock

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Question: You have a $62, 959 portfolio that consists of $15, 877 invested in Stock A, $16, 388 invested in Stock B, $7, 358 invested in Stock C, and the remainder in Stock D. The portfolio has a return of 22.8 percent. The return for Stock A is 13.5 percent, for Stock B is 27.1 percent, and for Stock C is 15.1 percent. What is the return for Stock D? Enter your answer as a percentage rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 12.3459% then enter as 12.35 in the answer box.

Reference no: EM131928694

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