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Portfolio Expected Return You own a portfolio that is 40 percent invested in stock X, 35 percent in stock Y, and 25 percent in stock

Portfolio Expected Return You own a portfolio that is 40 percent invested in stock X, 35 percent in stock Y, and 25 percent in stock Z. The expected returns on these three stocks are 11 percent, 17 percent, and 14 percent, respectively. What is the expected return on the portfolio?

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