SOLUTION: You own a portfolio that has $4,400 invested in stocks and $5,600 invested in bonds. What is the expected return of the portfolio if stocks and bonds are expected to yield a return

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Question 1057869: You own a portfolio that has $4,400 invested in stocks and $5,600 invested in bonds. What is the expected return of the portfolio if stocks and bonds are expected to yield a return of 9% and 5%, respectively? (Round your answer to 2 decimal places.)
Answer by solve_for_x(190) About Me  (Show Source):
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Return = (0.09)($4,400) + (0.05)($5,600) = $676.00