You currently have a three-asset portfolio comprised of stocks A, B and C. Stock A has a current stock price of $88 per share and is expected to have an annualized arithmetic return of 15%. Stock B has a current stock price of $76 per share and is expected to have an annualized arithmetic return of 9.1%. Stock C has a current stock price of $9.3 per share and is expected to have an annualized arithmetic return of 12%. You currently own 118 shares of stock A, 240 shares of stock B, and 76 shares of stock C. What is the expected annualized arithmetic return of your three asset portfolio? Enter your answer as a percentage
3B)Fog Horn’s stock currently trades at a market price of $27.01 per share. It does not pay cash dividends, nor is it expected to anytime soon. You’ve estimated that in 11.4 years, the stock will trade at $58.29 per share.Determine the geometric annualized return of Fog Horn stock. Enter your answer as a percentage, not as a decimal, with at least 3 significant digits of accuracy.