HNL has an expected return of 18% and KOA has an expected return of 22%. If you

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HNL has an expected return of 18% and KOA has an expected return of 22%. If you create a portfolio that is 60% HNL and 40% KOA, what is the expected return of the portfolio?

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Fundamentals Of Corporate Finance

ISBN: 9780137309948

4th Canadian Edition

Authors: Jonathan Berk, Peter DeMarzo, David A. Stangeland, Andras Marosi, Jarrod Harford

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