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Assume you own a portfolio of 5 separate stocks. Each yields a different return and represents a different proportion of your portfolio. The stocks and returns are as follows:

Stock                                                            % of Portfolio                                         Return %

1                                                                                       15%                                            10%

2                                                                                       25%                                            8%

3                                                                                       40%                                            6%

4                                                                                       10%                                            12%

5                                                                                       10%                                            5%

What is the weighted average return for this portfolio?

Financial Management, Finance

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