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16. An analyst in the accounting department gathered the following data on the stock portfolio portion of a university's endowment pool: Security Amount Invested Expected
16. An analyst in the accounting department gathered the following data on the stock portfolio portion of a university's endowment pool: Security Amount Invested Expected Return Beta Stock A 1,000,000 10% 0.80 Stock B 520,000 15% 1.40 Stock C 3,000,000 8% 0.95 Stock D 450,000 21% 1.50 Stock E 2,500,000 4% 1.00 Based on the above data, the analyst calculated the expected return on the stock portfolio to be (3 Points) Enter your
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