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................................................................................... 9. value: 2.00 points Problem 11-3 Portfolio Expected Return [LO 1] You own a portfolio that is 25 percent invested in Stock X, 40
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9. value: 2.00 points Problem 11-3 Portfolio Expected Return [LO 1] You own a portfolio that is 25 percent invested in Stock X, 40 percent in Stock Y, and 35 percent in Stock Z. The expected returns on these three stocks are 10 percent, 13 percent, and 15 percent, respectively. Required: What is the expected return on the portfolio? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Expected return on the portfolio
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