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15. Suppose we form a portfolio with 40% in stocks and 60% in bonds. The expected rate of return on stock at a normal economic

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15. Suppose we form a portfolio with 40% in stocks and 60% in bonds. The expected rate of return on stock at a normal economic growth is 14 % and 8 % on bond. What is the expected return on this portfolio? A- 13% B- 10.4 % C- 14% D- 15% 16. Pools of money invested in a portfolio that is fixed for the life of the fund are called: A- Open-end funds B- Closed-end funds. C- Unit investments trusts. D- Managed investment companies

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