Question 2, Warm-Up 8-4 (similar to)
HW Score: 0%, 0 of 20 points
Points: 0 of 1
Your portfolio has three asset classes. U.S. government T-bills account for 44% of the portfolio, large-company stocks constitute another 36%, and small-company stocks make up the remaining 20%. If the expected returns are 6.19% for the T-bills, 15.04% for
the large-company stocks, and 20.89% for the small-company stocks, what is the expected return of the portfolio?
The expected return of the portfolio is %. (Round to two decimal places.)