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Mathematics, 19.02.2020 23:09 kitam2871

Richie holds a stock portfolio of two stocks. The portfolio's return is the weighted average of the returns of the component stocks. Stock A had a return of 8.0% and Stock B had a return of 11.0%. If Stock A constitutes 40% of Richie's stock portfolio, what is the return on the portfolioa. 10.4%b. 10.7%c. 9.8%d. 9.5%e. 10.1%Jordan has a three-stock portfolio. The returns of the three stocks are shown below:

StockReturn

X 8%

Y 9%

Z 13%

Stock X makes up 20% of Jordan's portfolio, and the portfolio has a return of 10.4%. How much of Jordan's portfolio consists of Stock Y?

a. 70%

b. 10%

c. 80%

d. 40%

e. 30%

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