What is the expected return on Andre's stock portfolio?

Understand the Problem

The question is asking for the expected return on a specific stock portfolio belonging to an individual named Andre. This likely involves calculating the average or anticipated gains from the stocks in the portfolio based on historical performance or projected market trends.

More Information

The expected return of Andre's stock portfolio is calculated using the weighted average return formula. Each stock's return is multiplied by its proportion in the portfolio, and the results are summed up.

Tips

A common mistake is not correctly applying the weights in the calculation or failing to convert percentages into decimal form before performing the calculations.

Sources

• Andre is an amateur investor who holds a small portfolio consisting ... - homework.study.com