You have $ 69 comma 000 69,000. You put 25 25% of your money in a stock with an expected return of 10 10%, $ 39 comma 000 39,000 in a stock with an expected return of 14 14%, and the rest in a stock with an expected return of 18 18%. What is the expected return of your portfolio?

13.72%

Explanation:

Here is the complete question:

You have 69,000. You put 25% of your money in a stock with an expected return of 10%, 39,000 in a stock with an expected return of 14%, and the rest in a stock with an expected return of 18%. What is the expected return of your portfolio?

The weight of the investment in stock with the expected return of 10% = 25% = 25/100 = 0.25

The weight of investment in the stock with an expected return of 14% = 39000/69000 = 0.57

Therefore, the weight of the investment in stock with an expected return of 18% = 1-(0.25+0.57) = 1 - 0.82 = 0.18

Expected return of the portfolio:

= (10 × 0.25) + (14 × 0.57) + (18 × 0.18)

= 2.5 + 7.98 + 3.24

= 13.72%

answer; specific performance;

there's 11 people for the 1st position. then, no matter who gets it, there's only 10 left for the second, and then 9 left for the third. 11 x 10 x 9 = 990.   the answer is there are 990 different ways the positions can be filled by these applicants