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1. Portfolio expected return : you own a portfolio that has $3,140 invested in stock X, 35 percent in stock Y, and 40 percent in

1.Portfolio expected return: you own a portfolio that has $3,140 invested in stock X, 35 percent in stock Y, and 40 percent in stock Z. the expected return on these three stocks are 10 percent, 13 percent, and 15 percent respectively. What is the expected return on the portfolio?

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