What is the expected percentage return on the portfolio

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Q1. A portfolio consists of $16,000 in Stock M and $25,400 invested in Stock N. The expected return on these stocks is 9.30 percent and 12.90 percent, respectively. What is the expected percentage return on the portfolio?

Q2. You have invested $500 in an account that pays a nominal interest rate of 11.5%, compounded quarterly. What is the effective interest rate of this account?

Reference no: EM133120226

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